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OMDE 606 Cost and Economics of Distance Education & E-learning

The graphical innovations displayed in this section illustrate the economics and costs of distance education and e-learning.  Social contexts affecting costs and perceived values are explored. Costing models examined include Cost Benefit Analysis, Return on Investment, and Value Chain Analysis. 

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Economic Concepts

There are four main economic concepts: Human Capital Theory

Value Chain Analysis

Return on Investment (ROI)

Cost Benefit Analysis

 

This comic demonstrate my understanding of these concepts and their application to distance education.

MDE Competencies: Technology

Context Funding

Executive Summary

This executive summary includes brief details on the following areas:

1. A summary of my context, problem, and solution 

2. An analysis using economic concepts: Human Capital Theory, Value Chain Analysis, Return on Investment (ROI), Cost Benefit Analysis 

3. A summary of the cost effectiveness of my  context solution

4. A reflection on what may need to be modified in my solution to make it more effective

MDE Competencies: Technology, programs, strategic planning, & support

Context Funding

Video Presentation

This video presentation outlines findings from the executive summary above.

MDE Competencies: Technology, programs, strategic planning, & support

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