How Does Streaming Lecture Video Affect Economic Education?

Abstract

This study examines how lessons produced with an electronic whiteboard, video recorded, and delivered by Internet streaming, affect student satisfaction in undergraduate economics. Survey results show students enjoy the non-classroom experience of streaming and watching lecture videos. However, because video recording confines the instructor to the teaching podium, their classroom experience is diminished when there is less physical and social interaction. The trade off is quantified by estimating student's willingness-to-pay for streaming video, and instructor movement away from the podium, respectively. Model estimates indicate that students are willing to pay about $70 to $115 per course for streaming video. However, over half of this value is eroded by confining the instructor to the podium.

JEL Classification: A2, A22, C93