2015 Economic Impact of Applied Discrete Structures
We had a event on campus where open source textbooks were one of the featured subjects, so I took the opportunity to put together the numbers for the economic impact of
Applied Discrete Structures (
ADS) for the calendar year 2015.
UML Impact
It's fairly easy to identify the impact here at UML. I counted 405 students who took the first semester of our discrete math sequence (new course numbers MATH.3210/3220 Discrete Structures I/II). I continue to assume that the average cost of our previous text with a mix of new/used purchases would be $140. If 90% use the pdf and save the whole amount and the rest buy the hard copy of
ADS. That translates to a savings of about $55,000 for UML students in 2015.
Outside Impact
The impact on students outside of UML is tougher to estimate. I know of 14 adoptions in 2015, but have no idea how many more there were. Working from just what I know, and assuming 25 students per adoptions with the same assumptions about the alternate book and hard copy usage, I come up with around $47,000.
Conclusion
Combining these two amounts, I'm confident we've saved students over $100,000 in 2015. If you used
ADS and are not on the
adoption list, please
let me know so that I can update my estimate.