Tag Archive: Online Education


Video 5 Of 60 From The Course: International Trade

 

 

 

 

” What are the benefits of product variety and how does trade affect variety? This video takes a closer look at how trade leads to variety for the consumer and higher productivity for the producer, too. This video also explains why consumers and producers can’t have exactly what they desire in a good by examining the trade-off between variety and average cost. You’ll also learn how the market manages the trade-off between variety and average cost via theories of monopolistic competition. “

 

 

    Check out Marginal Revolution for a wide variety of online courses to educate yourself in matters of economics , property rights , foreign policy , media , finance and much much more . You’ll be glad that you did .

 

 

 

 

 

 

 

Imagine A University Without Textbooks And Classes Without Calendars. But Still Costing A Lot Of Money.

 

 

       image

 

 

” Ten years from now college might not look too different from the outside—the manicured quads, the football games, the parties—but the learning experience students receive will probably be fundamentally different from the one they get today.

Textbooks. Lecture halls. September-to-spring calendars. Over the next decade, technology may sweep away some of the most basic aspects of a university education and usher in a flood of innovations and changes. Look for online classes that let students learn at their own pace, drawing on materials from schools across the country—not just a single professor and a hefty textbook.

All those changes probably won’t make a university education cheaper—alas—but they will likely upend our perceptions about how we value it. Traditionally, schools have been judged by how many prospective students they turn away, not by how many competent graduates they churn out.”