Search engine for discovering works of Art, research articles, and books related to Art and Culture
ShareThis
Javascript must be enabled to continue!

The Economics of Education: Evaluating the Impact of Digital Learning Platforms

View through CrossRef
Incorporating quantitative analysis, qualitative case studies, and game-theoretic modelling, this review article takes a mixed-methods approach to assess the educational and economic effects of digital learning platforms. In this study, we analyse data from a variety of global organizations to determine things like student outcomes, cost-efficiency, internet penetration, and access to digital platforms during the COVID-19 pandemic. The correlations between digital infrastructure and educational outcomes were investigated using statistical analyses, and the operational cost savings and scalability of digital learning were quantified using regression models. Three developing nations, namely, Brazil, India, and Kenya, that used digital learning platforms during the pandemic are examined in detail in the study. Topics covered in these case studies include the digital divide, infrastructure constraints, and the adaptability of digital platforms for disadvantaged populations, as well as the specific difficulties and triumphs encountered by each nation. Case studies in India, Kenya, and Brazil all centre on different aspects of digital platform integration in rural schools, mobile learning solutions’ impact on expanding educational opportunities to underserved areas, and the importance of removing socioeconomic barriers from public schooling in Brazil. The strategic interactions between important stakeholders, including governments, educational institutions, students, and technology providers, were also modelled using a game-theoretic analysis. Using payoff matrices, the research shows the costs and benefits that each stakeholder considers when choosing between expensive but high-quality platforms and cheaper but lower-quality alternatives. Findings highlight the significance of stakeholder alignment and collaboration in achieving educational outcomes that are both cost-efficient in the long run and optimized for individual stakeholders. Digital learning platforms offer considerable scalability benefits and reduce costs per student by 25–30%, as shown in this review. Consequently, they are cost-effective educational solutions. Having said that, these platforms can only succeed if digital infrastructure and institutional funding are readily available. Enrolment, retention, and student outcomes have all improved in regions with strong internet access, while areas with weak infrastructure still struggle greatly with equity in access and academic achievement. Digital infrastructure is crucial to the success of educational models worldwide. The long-term advantages for institutions and students are best achieved through strategic, high-quality investments in digital platforms.
Title: The Economics of Education: Evaluating the Impact of Digital Learning Platforms
Description:
Incorporating quantitative analysis, qualitative case studies, and game-theoretic modelling, this review article takes a mixed-methods approach to assess the educational and economic effects of digital learning platforms.
In this study, we analyse data from a variety of global organizations to determine things like student outcomes, cost-efficiency, internet penetration, and access to digital platforms during the COVID-19 pandemic.
The correlations between digital infrastructure and educational outcomes were investigated using statistical analyses, and the operational cost savings and scalability of digital learning were quantified using regression models.
Three developing nations, namely, Brazil, India, and Kenya, that used digital learning platforms during the pandemic are examined in detail in the study.
Topics covered in these case studies include the digital divide, infrastructure constraints, and the adaptability of digital platforms for disadvantaged populations, as well as the specific difficulties and triumphs encountered by each nation.
Case studies in India, Kenya, and Brazil all centre on different aspects of digital platform integration in rural schools, mobile learning solutions’ impact on expanding educational opportunities to underserved areas, and the importance of removing socioeconomic barriers from public schooling in Brazil.
The strategic interactions between important stakeholders, including governments, educational institutions, students, and technology providers, were also modelled using a game-theoretic analysis.
Using payoff matrices, the research shows the costs and benefits that each stakeholder considers when choosing between expensive but high-quality platforms and cheaper but lower-quality alternatives.
Findings highlight the significance of stakeholder alignment and collaboration in achieving educational outcomes that are both cost-efficient in the long run and optimized for individual stakeholders.
Digital learning platforms offer considerable scalability benefits and reduce costs per student by 25–30%, as shown in this review.
Consequently, they are cost-effective educational solutions.
Having said that, these platforms can only succeed if digital infrastructure and institutional funding are readily available.
Enrolment, retention, and student outcomes have all improved in regions with strong internet access, while areas with weak infrastructure still struggle greatly with equity in access and academic achievement.
Digital infrastructure is crucial to the success of educational models worldwide.
The long-term advantages for institutions and students are best achieved through strategic, high-quality investments in digital platforms.

Related Results

Improvement of Concept Understanding Through the Development of Interactive Multimedia on Integer Operation Material
Improvement of Concept Understanding Through the Development of Interactive Multimedia on Integer Operation Material
Understanding the concept is the ability expected in every learning process. But not all students can master the understanding of the concept well. Researchers are trying to provid...
Pioneering Online Education courses: The Synergy of Entrepreneurs and Medical Educators
Pioneering Online Education courses: The Synergy of Entrepreneurs and Medical Educators
The COVID-19 pandemic has laid the foundation for a virtual world, ushering in an era of digital transformation1. Previously, physical presence was deemed essential for learning, w...
Initial Experience with Pediatrics Online Learning for Nonclinical Medical Students During the COVID-19 Pandemic 
Initial Experience with Pediatrics Online Learning for Nonclinical Medical Students During the COVID-19 Pandemic 
Abstract Background: To minimize the risk of infection during the COVID-19 pandemic, the learning mode of universities in China has been adjusted, and the online learning o...
Methodological aspects of digital platform management
Methodological aspects of digital platform management
Digital platforms are the largest data aggregators and beneficiaries in the digital economy. Digital platforms operate at micro, meso, macro and mega levels in various formats and ...
Online Learning and Digital Education of the Future. The Role of Digital Learning in Education
Online Learning and Digital Education of the Future. The Role of Digital Learning in Education
This chapter discusses the importance of digital learning, digitalization of the education system, and its implications on the society. Digital tools and technologies have now star...
Bridging Learning and Technology: How Digital Platforms Impact Academic Performance
Bridging Learning and Technology: How Digital Platforms Impact Academic Performance
Digital learning platforms' growing presence in educational systems has transformed conventional teaching methods and provided students with learning environments that prioritize f...
ECONOMICS OF EDUCATION IN THE PROCESS OF GLOBALIZATION
ECONOMICS OF EDUCATION IN THE PROCESS OF GLOBALIZATION
Tamari Beridze E-mail: t.beridze@gtu.ge Professor, Georgian Technical University Tbilisi, Georgia https://orcid.org/0009-0007-7052-647X   Medea Chelidze E-mail: m.chelidze@...
Eksistensi Digital Wedding Di Era Disrupsi Dalam Maqashid Syariah
Eksistensi Digital Wedding Di Era Disrupsi Dalam Maqashid Syariah
Abstract The era of disruption has presented a new phenomenon in wedding procedures, namely digital weddings.  The emergence of digital marriage raises questions about its validity...

Back to Top