What is Economic Trade-Off (ETO)

This chapter gives an overview of theories on didactics and distance learning used in the framework of an online course in English given by a lecturer from the Netherlands (HAN) to students of the faculty of Economics of Chelyabinsk State University to let students get experience in distance learning in an international educational environment and acquire knowledge on the topic Supply Chain Finance (SCF). The term ‘distance learning' comprises all aspects in regard to online teaching. These are, among others: the teaching material of the course accessible through the Internet, online seminars, and online discussions of home assignments. It also includes innovative new approaches, such as ‘flipping the classroom' and blended learning, as well summative assessments. The online course SCF allows students to gain a deeper understanding of the topic of SCF. The theories of Biggs, Garrison, Vaughan, and Kolb applied for the course CSF help to provide students with the best modern experience of distance learning.