How Can Decision-Makers Assess EdTech Interventions for Cost-Effectiveness to Enable Better Investments?
Resource type
            Report
        Author/contributor
                    - Plaut, Daniel (Author)
 
Title
            How Can Decision-Makers Assess EdTech Interventions for Cost-Effectiveness to Enable Better Investments?
        Abstract
            This Learning Brief is part of the EdTech Hub Learning Brief Series, providing practical resources for people working to improve the use of technology in education. In this brief, we look at how decision-makers should consider cost-effectiveness when contemplating investing in EdTech programmes. 
Cost-effectiveness is a critically important consideration for anyone planning investments in EdTech, but it is also a complex one, which requires understanding the total cost of an intervention and comparing it against the likely impact on education. 
We draw on work from EdTech Hub and other prominent researchers to distil key practical insights for decision-makers on how to apply cost-effectiveness analysis to their decision-making. Practical considerations include recommendations on gathering the right data for analysis; ensuring cost calculations are holistic; leveraging existing frameworks and tools for cost and impact calculations; and ensuring that comparisons are made against non-tech interventions as well as the broader resource envelope available for education to determine affordability in a given context.
Finally, we explore areas where additional work is needed, including an increased understanding of the challenges faced by decision-makers in considering cost-effectiveness and the need for greater transparency and accountability in cost-effectiveness analysis in the sector. 
Keywords
Cost-effectiveness; EdTech; education policy; total cost of implementation; affordability; Learning-Adjusted Years of Schooling
An output of the EdTech Hub, https://edtechhub.org/
        Report Type
            Learning Brief
        Institution
            EdTech Hub
        Date
            2024
        Language
            en
        Call Number
            edtechhub.1018
        Rights
            Creative Commons Attribution 4.0 International
        Extra
            DOI: 10.53832/edtechhub.1018
ZenodoArchiveID: 10837295
ZenodoArchiveConcept: 10837294
        Citation
            Plaut, D. (2024). How Can Decision-Makers Assess EdTech Interventions for Cost-Effectiveness to Enable Better Investments? [Learning Brief]. EdTech Hub. https://doi.org/10.53832/edtechhub.1018
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