Global Journal of Health Science; Vol. 12, No. 5; 2020 ISSN 1916-9736 E-ISSN 1916-9744 Published by Canadian Center of Science and Education 117 Utilization of Cloud Computing in Economics Education and Health Economics: A Valuable Resource Sylvester N. Ogbueghu 1 , Anuli Regina Ogbuagu 2 , Amos Nnaemeka Amedu 1 , Daniel Munachiso Eze 1 , Augustine Igwe Robert 3 , Ifeoma Euphemia Opara 4 , Benedict Ejiofor Ugwuanyi 1 , Chukwuma Ogbonnaya Chukwu 5 & Lazarus Bassey Abonor 6 1 Department of Social Science Education, University of Nigeria, Nsukka, Enugu State, Nigeria 2 Department of Economics and Development Studies, Alex Ekwueme Federal University Ndufu-Alike Ikwo, Ebonyi State, Nigeria 3 Department of Social Science Education, University of Calabar, Cross River State, Nigeria 4 Department of Economics, FCT College of Education, Zuba, Abuja, Nigeria 5 Department of Arts and Social Science Education, Ebonyi State University, Abakaliki, Ebonyi State, Nigeria 6 Department of Social Work, University of Calabar, Cross River State, Nigeria Correspondence: Daniel Munachiso Eze, Department of Social Science Education, University of Nigeria, Nsukka, Enugu State, Nigeria. E-mail: munachiso.eze@unn.edu.ng Received: December 11, 2019 Accepted: March 20, 2020 Online Published: May 8, 2020 doi:10.5539/gjhs.v12n5p117 URL: https://doi.org/10.5539/gjhs.v12n5p117 Abstract This paper examines the use of cloud computing as a tool in economics education and analysis of performance in health economics. The paper methodology was documentary analysis. Three independent experts assisted in the extraction of information used in this research paper. Results indicate a growing need to advance the economic utility of cloud computing as a technological tool in economics education and analysis of economic performance in health economics. Empirical studies are required to corroborate the extent to which cloud computing is being utilized as a technological tool in several institutions and organizations for analysis of economic performance and educational purposes. Keywords: Cloud computing, economics education, economic performance, technological tool 1. Introduction Cloud computing can be defined as a subscription-based technology where network storage can be obtained as well as the resources of the computing system. The most vital form of thinking on cloud computing is to consider and understand one’s experience with email (Groom, 2018). Cloud computing represents one of the most important shifts in information technology which we likely see in our life and daily endeavours (Cloud Security Alliance, 2010). Cloud computing is not a new technology but a new way of delivering computing resources. It is a style of computing over the internet (Chawla & Diwaker, 2012). It is the latest way of delivering things on the Internet. Understanding the economic impact of cloud computing could enable firms to rent computing power and storage from service providers and to pay on demand, with a significant impact on the cost structure of industries, turning some of the fixed costs into marginal costs of production (Etro, 2014). The diffusion of cloud computing on market structures and competition could exert a significant influence on incentives to build new business, investments and macroeconomic growth, job creation in all industries, job reallocation in the information and communications technology sector, and public finance accounts (Etro, 2014). Public finance economists who have focused on studying the finance of schools (Hanushek, 2015) can explore the benefits of cloud computing. Economics is seen as “the study of how people, businesses, societies, or nations deal with scarcity” (Economic Theory Analysis Project 1). Economics studies the choices we make as individuals and how those choices shape our economy. Education economics is the study of economic problems related to education, including education production, funding and education supply, and the comparative utility of different educational systems and policies. Economics education is an academic discipline that reflects on two major themes: the existing state of economics instruction, textbooks and pedagogical methods used to teach economics at all educational levels and attempts to enhance it; and study into the usefulness of alternate teaching strategies in economics, the degree of academic