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Campus Economics : How Economic Thinking Can Help Improve College and University Decisions /

"An invaluable primer on the role economic reasoning plays in campus debate and decision making. Campus Economics provides college and university administrators, trustees, and faculty with an essential understanding of how college finances actually work. Sandy Baum and Michael McPherson explain...

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Detalles Bibliográficos
Autores principales: Baum, Sandy (Sandra R.) (Autor), McPherson, Michael S. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, [2023]
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo

MARC

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040 |a MdBmJHUP  |c MdBmJHUP 
100 1 |a Baum, Sandy  |q (Sandra R.),  |e author. 
245 1 0 |a Campus Economics :   |b How Economic Thinking Can Help Improve College and University Decisions /   |c Sandy Baum, Michael McPherson. 
264 1 |a Princeton :  |b Princeton University Press,  |c [2023] 
264 3 |a Baltimore, Md. :  |b Project MUSE,   |c 2023 
264 4 |c ©[2023] 
300 |a 1 online resource:   |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
505 0 0 |t Frontmatter --  |t Contents --  |t Acknowledgments --  |t Introduction --  |t Chapter one Colleges, College Students, and College Finances --  |t Chapter two Basic Economic Concepts and College Financing --  |t Chapter three Building Blocks of College Finance --  |t Chapter four Is a College a Business? --  |t Chapter five How Should We Think about the Compensation Budget? Salaries, Compensation, and Faculty Status --  |t Chapter six Do We Really Have to Cut the Budget? --  |t Chapter seven Can Pricing and Financial Aid Policies Be More Transparent? --  |t Chapter eight What Is the Role of College Endowments? The College's Savings Account --  |t Chapter nine Conclusion: Moving Forward --  |t Notes --  |t References --  |t Index 
520 |a "An invaluable primer on the role economic reasoning plays in campus debate and decision making. Campus Economics provides college and university administrators, trustees, and faculty with an essential understanding of how college finances actually work. Sandy Baum and Michael McPherson explain the concepts needed to analyze the pros, the cons, and the trade-offs of difficult decisions, and offer a common language for discussing the many challenges confronting institutions of higher learning today, from COVID-19 to funding cuts and declining enrollments. Emphasizing the unique characteristics of the academic enterprise and the primacy of the institutional mission, Baum and McPherson use economic concepts such as opportunity cost and decisions at the margin to facilitate conversations about how best to ensure an institution's ongoing success. The problems facing higher education are more urgent than ever before, but the underlying issues are the same in good times and bad. Baum and McPherson give nontechnical, user-friendly guidance for navigating all kinds of economic conditions and draw on real-world examples of campus issues to illustrate both institutional constraints and untapped opportunities. Campus Economics helps faculty, administrators, trustees, and government policymakers engage in constructive dialogue that can lead to decisions that align finite resources with the pursuit of the institutional mission"--  |c Provided by publisher 
520 |a "An invaluable primer on the role economic reasoning plays in campus debate and decision making"--  |c Provided by publisher 
546 |a In English. 
588 |a Description based on print version record. 
650 7 |a Universities and colleges  |x Finance.  |2 fast  |0 (OCoLC)fst01161770 
650 7 |a Universities and colleges  |x Administration  |x Decision making.  |2 fast  |0 (OCoLC)fst01161608 
650 7 |a BUSINESS & ECONOMICS  |x General.  |2 bisacsh 
650 7 |a EDUCATION  |x Schools  |x Levels  |x Higher.  |2 bisacsh 
650 0 |a Universities and colleges  |z United States  |x Administration  |x Decision making. 
650 0 |a Universities and colleges  |z United States  |x Finance. 
651 7 |a United States.  |2 fast  |0 (OCoLC)fst01204155 
655 7 |a Electronic books.   |2 local 
700 1 |a McPherson, Michael S.,  |e author. 
710 2 |a Project Muse.  |e distributor 
830 0 |a Book collections on Project MUSE. 
856 4 0 |z Texto completo  |u https://projectmuse.uam.elogim.com/book/110090/ 
945 |a Project MUSE - Custom Collection 
945 |a Project MUSE - 2023 Complete 
945 |a Project MUSE - 2023 Education and Rhetoric