Kerstin Howard e-Portfolio

Costs and Economics of Distance Education

OMDE 606

Description

Study places the economics of distance education in the larger context of economics of education. A variety of methodological approaches (including cost/benefit and cost/effectiveness analysis) are applied to the distance education context. A variety of costing techniques and economic models are explored and applied to different institutional forms and levels of distance education. The module has been developed by Thomas Huelsmann (Germany).

Papers

 Reflection

I was very nervous prior to enrolling into the Cost and Economics of Distance Education course due to my past difficulties with math. Once I got started in the course, my worries began to dissipate because I began to enjoy learning about the costing techniques including the costing analysis (benefit and effectiveness). I began to realize whey distance education was being implemented into so many institutions…cost effective. I thought that it would cost entirely too much to implement distance education into a program, but based on the minimal scope of student needs and content development, and the non-existence of classrooms, equipment, and facilities I was able to see exactly how cost-efficient it can be. I enjoyed completing each assignment in this class. The calculations at first were difficult to understand, but as I went along and understood exactly why I was using them as applied to distance learning, everything began to make much more sense.

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