Classroom Economics (Part 4)
Yesterday we looked at ways to get the teaching budget down. Today, we’re going to look at the other half of the cost equation: all that overhead. And we’re going to look at it by asking the question: how big a cut in overhead would it take to equal the effect of replacing 20% of your credit hours with sessionals (which, as we saw yesterday, reduces overall teaching loads by 17%)? Recall the equation: X = aϒ/(b+c), where “X” is the







