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The Economics of Online Education

The Economist covers the economics of online education: Alex Tabarrok…reckons the most salient feature of the online course is its rock-bottom marginal cost: teaching additional students is virtually prices converge towards marginal cost, there will be little scope for undercutting the competition. Instead MOOCs are likely to compete on quality…Higher production costs are […]
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Who will on-line education help?

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"The cost of education is going up. And we think that the online ools are going to allow people, including us, to do it - not just at a lower monetary cost -  but at a lower time cost as well," says Alex Tabarrok, professor of Econo...

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Introducing Marginal Revolution University

Business & Finance : Carpe Diem

Marginal Revolution bloggers, economists, and George Mason University professors Tyler Cowen and Alex Tabarrok announced today the creation of Marginal Revolution University. The first course to be offered will be Development Econom...

Did it just get hotter in here? Alex and Tyler at MR launch an online development course.

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