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Online Learning News and Research
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Sunday, December 19, 2004
Cost analysis for e-learning foreign languages - Demetra Mantzari and Anastasios A. Economides, EURODL
A cost analysis model for e-learning and a methodology for setting up a virtual foreign languages school is presented. The Total Cost is expressed as a function of the number of months (or quarter, or semester), the number of courses and the number of students taking a monthly course. Furthermore, unlike previous research that analyzes the costs of virtual universities, this paper uses the Breakeven Point Analysis to determine the number of students’ and/or courses, for a Virtual Foreign Languages school to be profitable.
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