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Cost Efficiency and Cost-Benefits Relationship Analysis in the Romanian Education System

Author

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  • Liliana Paschia

    (Hyperion University Bucharest, Romania)

Abstract

For reaching a certain level of performance, it is not absolutely necessary to have additional amounts of money, but an amount distribution in a more efficient manner between school units, or their reorganization. One of the important ways to reduce the base cost and in the same time to reach a high level of preparation for students is efficiency growth. In other words, the best way to grow student performance in lack of cost growth is to grow the productivity through management methods specific to teaching activities.

Suggested Citation

  • Liliana Paschia, 2017. "Cost Efficiency and Cost-Benefits Relationship Analysis in the Romanian Education System," Working papers Globalization - Economic, Social and Moral Implications, April 2017 11, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:wpaper:11
    DOI: 10.5281/zenodo.581772
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    More about this item

    Keywords

    cost; cost efficiency analysis; cost-benefits analysis; overall cost; direct costs; indirect costs; education system;
    All these keywords.

    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General

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