This monograph describes a variety of approaches to understanding how cost and quality are related and offers analytical tools. The analyses focus on the direct cost of instruction for a course, a course of study, or an academic program and do not include related support services such as the library or academic computing. Following an introductory part 1, part 2, "Developing the Tools," focuses on choosing the unit of analysis, and framing the study of quality and cost. Part 3, "Financial Modeling of the Curriculum," describes a variety of questions that might be asked and then shows the mathematical model resulting from the analysis of relevant data. Part 4, "Strategies for Implementing the Tools," considers factors that inhibit academic management and the need for collaboration to achieve new approaches to academic management. Appendixes contain discussions of data sources required to analyze academic productivity and Web site data sources and information. (Contains 9 tables and 16 references.) (SLD)