Consider how an economic model can be viewed as a simplified description of reality, designed to yield hypotheses about economic behavior that can be tested. In essence, a simulation. Hence, one important element of an economic model is that it is necessarily subjective in design because there are no objective measures of economic outcomes. If different economists make different judgments about what is needed, how can we tell if a model is ‘useful’? What does this tell us about economic behavior?
As we’ve seen throughout this course, technology plays a critical role in shaping the direction of eLearning. Looking to the future, what technologies
As we’ve seen throughout this course, technology plays a critical role in shaping the direction of eLearning. Looking to the future, what technologies do you predict will be added to eLearning in the next five or ten years, and what potential benefits and challenges might these new technologies bring?