Abstract
The Economics of E-learning demonstrates a theoretical framework defined by participants of the eLene-EE (Economics of E-learning) project. The project is funded by the European Commission and aimed to produce and increase knowledge regarding the incentives to create virtual campuses. In addition, the project focused on ICT based teaching methods so that effective procedures are followed by partner universities contributing to the project, which are from Sweden, France, Spain, Italy and Poland. The project involves integrated research and development work packages each focusing on critical issues related to the economics of e-learning such as costs and benefits of e-learning, student performance of e-learning, indicators of e-learning and e-learning with references to digital divides.
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