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What is Changes in the Economics of Education

Handbook of Research on Emerging Priorities and Trends in Distance Education: Communication, Pedagogy, and Technology
The widespread use of information and communication technologies in educational institutions has caused a structural change in these institutions. An influential aspect of this transformation is regarding the financial processes and cost components. The rapid growth in technology investment in educational institutions along with the importance of integrating cost effective and purposeful technologies in educational institutions requires the re-evaluation of economics of education from new perspectives during this process of technological change.
Published in Chapter:
Development Trends in Economics of Distance Education from the Perspective of New Technologies
Eren Kesim (Anadolu University, Turkey)
DOI: 10.4018/978-1-4666-5162-3.ch016
Abstract
New and developing technologies influence all societies in the 21st century in which the process of change is experienced intensely. Through the increased routes of access to knowledge and the increased importance of up-to-date information, the needs and expectations of individuals have become more varied. Countries with individuals equipped with new and current information in accordance with the needs of the age have an important competitive advantage in the global economy. The importance of education as a social institution grows every day in this process. In the 21st century understanding of education, which portrays the individual as a value to be developed, many sub-fields of expertise have emerged as educational sciences developed further. Studies in these fields allow for educational institutions to train and raise more qualified people. One area of expertise that guides national educational policies today is distance education. Distance education services provided by emerging technologies provide flexible learning opportunities for all individuals. An important aspect in providing distance education services is the economics of distance education. This chapter studies the economic aspects of distance education services through a general evaluation of emerging technologies with regard to the economics of distance education.
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