The increasing demand for the online courses and its impact on the economy

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Online education today has become a significant part of the educational landscape providing benefits to the students and teachers and ensuring that the education process has become more reformed and advanced thereby providing better advantages and exposure to both the students and teachers. Considering the case for the demand of online courses it is important to highlight that these courses are fundamental in providing support to the students as well as the teachers and ensuring that they are provided with all the required knowledge that will help in increasing their personal efficiency and productivity.  In the last few years there have been several platform to sell courses online, based on which the students and teachers have been able to make their pic ok and decide on what kind of courses they want to undertake that will effectively support their education. The school and college education system is often not enough to better support the students as it is not possible to provide students with all and every kind of information in the classroom in a limited time setting. In most cases online classrooms undertake classes for a period of an hour or 45 minutes which is often not enough to provide students with information regarding the subjects. It is in this situation that the online-courses become advantages for the students as they can undertake these courses whenever they want and they are also cost-effective. For example when students are being taught about how the computer languages have evolved over time and the different kinds of softwares that are now being used in the market, they are not provided with a physical or practical demonstration in the classroom which makes it difficult for them to gain a better understanding of these concepts. However, through the use of online courses the students will be provided with an opportunity to be provided with practical demonstrations on different kinds of softwares and how to use them in real life. These demonstrations will improve the practical knowledge of the students and also their proficiency in the subject. It is because of this reason why online courses have gained a significant amount of popularity in the market. However, it is important to understand that there is no best platform to sell online courses at present but rather a variety of courses are available based on the curriculum that is being used in the classroom. It is dependent on the students regarding what is there looking for an online course and based on which they will make their decision on what to pursue in these courses to gain additional knowledge.

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As it has been explained in the above section, there has been a significant demand in the market from students and teachers alike regarding the use of online courses to provide additional knowledge to them. This has led to the creation of a new market economy thereby generating employment opportunities as well as having a positive impact on the gross domestic product of the country. It is important to understand that when a market economy is created at least to the generation of employment thereby providing an opportunity to individuals to increase their per capita income. As a result, there is an increase in the supply of money in the economy leading to better opportunities for individuals intending to work in this field. Therefore, through the increasing demand for online courses not only the educational sector benefits but also the economy of the country is improved.

Need for creating a new market economy

It is important to highlight that there are a lot of advantages present when it comes to the development of a new market economy as it provides opportunities to the domestic nationals in that economy to be provided with better employment opportunities. Increased demand in the market leads to better employment opportunities which in turn increases the capacity of the economy and reduces financial issues. This in turn also provides an opportunity to the economy to invest in more modern technology and improve the infrastructure. In such a situation the economy is provided with the much needed resources that will ultimately lead to a better standard of living for its masses.

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