The Impact Of E Learning On The Job Market And The Human Capital

735 Words Oct 30th, 2016 3 Pages
Review of literature
E-learning, which provides online higher education from educational institutions all over the world, has developed rapidly in the past years. Increasing number of Chinese, which include students and workers, young and elder, instructors and learners are engaged in e-learning, which poses a far-reaching influence in many fields. This article will look into this phenomenon from the perspective of labor demand and the quality of e-learning to explain how e-learning is going to influence the job market and the human capital. It is meaningful to understand this influence under the current situation that people can grasp a skill for a job without going to a university as a full-time student but only need to utilize their free time and enjoy the lectures for top educational institutions. There are several need to be considered: engagement, incentive, perception, level of prevalent, level of acceptance, distribution of audiences, and quality of resources etc.
Hamermesh (1996) describes labor supply as an important factor to labor market: “So long as the supply of labor to an occupation, industry or area is not perfectly elastic in the long run, the nature of demand for labor in that subsector interacts with the shape of the supply function to determine the level of wages.” (P. 429) There are many factors that influences the demand of labor, and human capital is one of the most important ones among them. The increase of human capital (skill) will make candidates…

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