Economics of e-learning: indicators of comparative cost analysis in higher education
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AbstractEstimating cost function for technology based e-learning and face to face traditional learning is important to understand the economics of higher education. Universities are raising their tuition fees, especially for face to face learning to meet increasing cost of higher education. This study attempts to identify and compare the cost components of technology embodied higher education (e-learning) and face to face traditional system of higher education. Cost components are divided in terms of universities’ cost of education, students’ cost of education and social cost of education. This paper is a background work to initiate an empirical study of comparing cost of higher education. Hence it would clarify and explore the essential elements of cost associated with higher education.
TypeArticle (Commonwealth Reporting Category C)
Chakrabarty, Sayan and Rahman, Mohammad Mafizur and Khanam, Rasheda (2015) Economics of e-learning: indicators of comparative cost analysis in higher education. A. T. Business Management Review , 11 (3). pp. 142-150. ISSN 1813-0534