What is Elasticity of demand

The primary purpose of this chapter is to examine the financial implications of the providers of MOOCs and to examine how and where financial gains are being felt. This chapter also examines the issues of sustainability of MOOCs. The research methods employed include a thorough review of literature published in refereed journals on MOOCs. The findings of the review of literature have revealed the profitability potential for platform providers, publishers, colleges, and universities, as well as test taking centers. Findings also reveal implications as to actual costs for student participants and benefits that may be assumed from participating in learning through MOOCs.