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Efficiency, Effectiveness and Profitability – Concepts Used in Assessing Public Expenditures in Education

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  • Ioana Duca

    (Titu Maiorescu University)

Abstract

The author’s scientific endeavour aims at presenting the three given concepts from a theoretical perspective and at emphasizing the importance of expenditures efficiency, effectiveness and profitability in the education activity. At the same time, the author emphasizes the differences in defining the concept of economic efficiency and effectiveness in education. This research also presents the two important types of education activity efficiency indicators, namely physical and value indicators.

Suggested Citation

  • Ioana Duca, 2013. "Efficiency, Effectiveness and Profitability – Concepts Used in Assessing Public Expenditures in Education," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 3(6), pages 1-6, December.
    • Handle: RePEc:spp:jkmeit:spi13-06
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    References listed on IDEAS

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    1. Rodica Gherghina & Florin Văduva & Mirela Anca Postole, 2009. "The Performance Management In Public Institutions Of Higher Education And The Economic Crisis," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(11), pages 1-3.
    2. Irina Zgreabăn & Rodica Gherghina & Anca Mirela Postole, 2009. "Difficulties In The Quantification Of Human Capital," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 12(12(541)(s), pages 194-200, December.
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