I see four basic models for online learning:
Model 1: Your own pace
- Academic Earth
- MR University Microeconomics – a 12 hour course with exam
- MR University Macroeconomics – a 10 hour course
- Foundation for Economic Education
- Mises Institute
- My own course on Analytics (including Numeracy Skills Bootcamp; An Introduction to Game Theory; Collecting and Presenting Data.
- The US Holocaust Museaum has a module on Ethical Leadership
Model 2: Virtual classroom
- HBX Core Curriculum – an 8-18 week programe utilising HBX Live. Around 150 study hours. For an example of virtual group discussion – see Michael Sandel’s course “The Global Philosopher”.
Model 3: Remote classroom
Model 4: The voyeur
- MIT OpenCourseWare
- Luke Froeb’s Managerial Economics course
- My own Cotrugli course on Managerial Economics
It’s not obvious that teachers have the right skillset to create online courses.
The key skillset for a lecturer:
- Knowledge of the content
- Personable delivery
- Ability to grade exams
The key skillset for an online instructor:
- Ability to curate content (a great source for videos are TED Talks and Learn Liberty)
- Aptitude with alternative technologies
- Choice of assessment
I see a major advantage for online courses being the opportunity to crowdsource and aggregate grading into quick, responsive, 360 feedback. My ideal grading system would be:
- A web form to enter information and then WHAM it converts it into a report.
- Students see each others and vote on which are the best ones.
- Or, it just prints them all out and I grade them in one batch.