The Effects of the Economic Valuation of Education from the Aspect of the Distance Learning System

The aim of the work is to confirm the issues of economic evaluation of education and distance learning systems, and to affirm the methodology of valuation and economic valuation as a key issue of objective valuation and reasoning. The subject of research in this paper is the evaluation of the quality of teaching delivered through distance learning studies, i.e., how students perceive the quality of this kind of teaching. A particularly significant research problem posed in this work is whether and to what extent the effectiveness of the economic adoption of the distance learning system is influenced by the current education system. In writing this paper, the author relied on previous research in the area of economic growth and development analysis, as well as technology evaluation and invisible capital. A comparative analysis of the distance learning system, which the author has been dealing with for many years, is also provided. The results certainly indicate important trends, which were expected. The conducted analysis only gives indications for further research, which is certainly lacking in Bosnia and Herzegovina at the level of tertiary education. In the context of harmonizing policies on the labor market and education policy, it would be interesting to observe the speed of employment of students who graduate from certain economic universities and professional studies in the country, but for such adequate monitoring, it is not enough to analyze the data alone from the employment office, it would be necessary to analyze the quality of individual faculties. The key conclusion: E-learning is an educational process realized using computer and information technologies, enabling spatial distance between the user and the provider of educational services. E-learning, as one of the alternative methods, forms, or technologies of education, has evidently gained primacy in learning and work in recent years. All educational processes are simultaneously economic processes with the primary goal of minimizing investments and maximizing economic gains. Keywords: Economic Valuation, Economic Development, Education.