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... > social science subjects > education > educational systems > curriculum > curriculum studies > concepts and terms in curriculum studies > efficiency
social science subjects > psychology > applied psychology > industrial psychology > efficiency
... > social science subjects > criminology and criminal justice > criminology > law and society > law and economics > efficiency
... > social science subjects > politics and international relations > political science > law and courts > law and society > law and economics > efficiency
... > social science subjects > politics and international relations > political science > ideologies > libertarianism > libertarianism and policy > law and economics > efficiency
... > social science subjects > business and management > organization studies > organization studies encyc > approaches to organization theory > organizational economics > law and economics > efficiency
... > social science subjects > business and management > organization studies > organization studies encyc > organizational economics > law and economics > efficiency
social science subjects > business and management > organization studies > organization theory > efficiency
... > social science subjects > sociology > environmental, urban and regional sociology > environmental sociology > society > efficiency

Preferred term

efficiency  

Definition

  • Efficiency is the ratio of outputs to inputs in a system, whether that is benefits to costs, results to effort, or action to energy. Economic efficiency is satisfied when an activity's benefits exceed its costs; or, stated otherwise, the ratio of benefits divided by costs is greater than one. [Source: Encyclopedia of Environment and Society; Efficiency]

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URI

https://concepts.sagepub.com/social-science/concept/efficiency

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