An Exploratory Approach to the Formulation of Input-Output Models and the Application of Input-Output Procedures in Educational Cost Modelling.
NAVAL POSTGRADUATE SCHOOL MONTEREY CALIF
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A general cost model for an educational institution is formulated. This model is developed by applying classical Leontieff input-output procedures in a situation whrere multiple outputs and resource inputs exist. The expansion of the classical Leontieff model to the tableau format of the Electric Five Year Defense Plan is presented. The general assumptions relating to input-output models are presented and analyzed in the general educational setting. To provide an example of possible uses of the model, it is applied to the Naval Postgraduate School and limited empirical results are presented. Shortcomings revealed during this first empirical use of the model are discussed.
- Economics and Cost Analysis
- Humanities and History