There is evidence of economic writing that dates all the way back to the Mesopotamian era. The development of modern economics is largely due to two groups which were known as the physiocrats and the mercantilists. These groups help develop capitalism in Europe in the 16th century.

Ukrainian history is long and proud, with the inception of Kievan Rus as the most powerful state in Medieval Europe. The capital Kiev is one of the oldest cities in Eastern Europe. Higher education in Ukraine is either state funded or private. Most universities in Ukraine provide subsidized housing for out-of-city students. There are a lot of foreign students in Ukrainian universities.

Online learning refers to use of electronic media and information and communication technologies (ICT) in education. With online learning one has the flexibility to access their studies at any time and from anywhere they can log on.