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Student Demand for Streaming Lecture Video: Emprical Evidence from Undergraduate Economics Classes

Author

Listed:
  • Nicholas Flores

    (University of Colorado at Boulder)

  • Scott J. Savage

    (University of Colorado at Boulder)

Abstract

Real-time lectures recorded on video and streamed over the Internet are a useful supplement to non-classroom learning. However, because recording confines the instructor to the podium, the classroom experience is diminished when there is less social interaction. This study uses choice experiment data to estimate economics students' willingness to pay for streaming lecture video and instructor movement away from the podium. Results show a divide between students who like the flexibility of catching up on missed classes with video and students who do not. For this former group, video enhances the learning experience and students are willing to pay an additional $90 per course for video. An important source of streaming lecture video's value to students is its impact on performance. Knowledge equation estimates show a positive correlation between students' use of video and their cumulative final grade.

Suggested Citation

  • Nicholas Flores & Scott J. Savage, 2007. "Student Demand for Streaming Lecture Video: Emprical Evidence from Undergraduate Economics Classes," International Review of Economic Education, Economics Network, University of Bristol, vol. 6(2), pages 57-78.
  • Handle: RePEc:che:ireepp:v:6:y:2007:i:2:p:57-78
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    File URL: https://www.economicsnetwork.ac.uk/iree/v6n2/flores.pdf
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    References listed on IDEAS

    as
    1. William E. Becker & Michael Watts, 2001. "Teaching Methods in U.S. Undergraduate Economics Courses," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(3), pages 269-279, January.
    2. Byron W. Brown & Carl E. Liedholm, 2002. "Can Web Courses Replace the Classroom in Principles of Microeconomics?," American Economic Review, American Economic Association, vol. 92(2), pages 444-448, May.
    3. Kim Sosin & Betty J. Lecha & Rajshree Agarwal & Robin L. Bartlett & Joseph I. Daniel, 2004. "Efficiency in the Use of Technology in Economic Education: Some Preliminary Results," American Economic Review, American Economic Association, vol. 94(2), pages 253-258, May.
    4. Grace Chan & Paul W. Miller & MoonJoong Tcha, 2005. "Happiness in University Education," International Review of Economic Education, Economics Network, University of Bristol, vol. 4(1), pages 20-45.
    5. Rajshree Agarwal & A. Edward Day, 1998. "The Impact of the Internet on Economic Education," The Journal of Economic Education, Taylor & Francis Journals, vol. 29(2), pages 99-110, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Karla Borja & Suzanne Dieringer, 2023. "Telling My Story: Applying Storytelling to Complex Economic Data," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 328-348, June.
    2. Jennjou Chen & Tsui-Fang Lin, 2012. "Do Supplemental Online Recorded Lectures Help Students Learn Microeconomics?," International Review of Economic Education, Economics Network, University of Bristol, vol. 11(1), pages 6-15.
    3. Paul Dalziel, 2011. "Schumpeter's 'Vision' and the Teaching of Principles of Economics to Resource Students," International Review of Economic Education, Economics Network, University of Bristol, vol. 10(2), pages 63-74.
    4. repec:ags:joaaec:163229 is not listed on IDEAS
    5. William Bosshardt & Eric P. Chiang, 2016. "Targeting Teaching Lecture Capture Learning: Do Students Perform Better Compared to Face‐to‐Face Classes?," Southern Economic Journal, John Wiley & Sons, vol. 82(3), pages 1021-1038, January.
    6. Mann, John T. & Henneberry, Shida Rastegari, 2012. "Undergraduate Students’ Preferences and Willingness to Pay for College Course Attributes," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124946, Agricultural and Applied Economics Association.
    7. Jennjou Chen & Tsui-Fang Lin, 2016. "microeconomics courses: Evidence from a regression discontinuity design experiment," Economics Bulletin, AccessEcon, vol. 36(4), pages 2094-2116.
    8. repec:eee:ireced:v:30:y:2019:i:c:p:- is not listed on IDEAS
    9. Mann, John T. & Henneberry, Shida R., 2014. "Online versus Face-to-Face: Students' Preferences for College Course Attributes," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 46(1), pages 1-19, February.
    10. Peter Mikek, 2023. "A Flipped Classroom Experiment in Growth Theory," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 433-456, June.
    11. Barile, Lory & Elliott, Caroline & McCann, Michael, 2022. "Which online learning resources do undergraduate economics students’ value and does their use improve academic attainment? A comparison and revealed preferences from before and during the Covid pandem," International Review of Economics Education, Elsevier, vol. 41(C).

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