The conceptual basics of efficiency formation in functioning of higher educational institutions

Economic Annals-XXI: Volume 129, Issue 5-6(1), Pages: 82-84

Citation information:
Matyukh, S. (2013). The conceptual basics of efficiency formation in functioning of higher educational institutions. Economic Annals-XXI, 5-6(1), 82-84. https://ea21journal.world/index.php/ea-v129-22/

Sergiy Matyukh
PhD (Economics),
Associate Professor,
Khmelnytsky National University, Ukraine
matuh@meta.ua

The conceptual basics of efficiency formation in functioning of higher educational institutions

Abstract. The author examines the theoretical and practical aspects of efficiency in higher educational institutions functioning under the conditions of market relations development. The study defines the structure of efficiency in functioning of university taking into account the peculiarities of its functioning in society, on the personnel and individual levels. The author suggests own interpretation of the economic category «efficiency in functioning of higher educational institutions». It is grounded that efficiency in functioning of a higher educational institution should be considered in order to meet the national needs in the most qualified staff, rising general intellectual standards in the society and provide personnel maintenance of the national economics. In the study, a comparative analysis of the efficiency in higher educational institution functioning under the command-authoritative and market systems has been conducted. The author proposes the integral Index which comprises individual, market, macroeconomic and national effectiveness for general assessment of higher educational institutions general functioning.

Keywords: Efficiency in Functioning; Higher Educational Institutions; Efficiency Structure; Integral Index; Market Environment

JEL Classification: I20; I21; I28

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Received 19.04.2013