Educational Research

Educational Research (ISSN: 2141-5161) Vol. 8(1), pp. 006-008, January 2017. DOI: http:/dx.doi.org/10.14303/er.2017.017. Copyright © 2017 International Research Journals

 

Review

Need for cost-benefit analysis, productivity and efficiency in education

Paul Nwakpa

Department of Educational Foundations, Faculty of Education, Ebonyi State University, Abakaliki, Nigeria

Corresponding Author’s E-mail: bropaulnwaoo@ gmail.com

Received January 3, 2017;  Accepted January 25, 2017

Abstract

 

Need for cost-benefit analysis, productivity and efficiency in education has actually been x-rayed systematically, the various key words were precisely explained for a layman to understand. The social aspect of cost-benefit analysis, measurement of productivity, issues connected with productivity and efficiency, link between productivity and efficiency, low external productivity in the face of high internal efficiency and relationship between external productivity and cost benefit ratio were highlighted. Finally, conclusion and recommendations were made.

 

Keywords: Cost-benefit, Education, Productivity, Efficiency. 

 

 

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