To many people, the 21st century is distinguished by the ever faster advancement of technology and expansion of knowledge and information, and that the society is being transformed from an industrial economy to a knowledge economy. Changes in the economy have a profound effect on education. It is expected that citizens in knowledge economies need to engage in lifelong learning, as knowledge and skills need to be continually renewed. In this connection, what kinds of education goals should be emphasized? What are the characteristics of the learning outcomes that are important for the information age? What implications would this have on assessment practices? In this seminar, the presenter will discuss the implications of this global shift on learning. A review of literature on knowledge management, problem solving and collaborative learning will be provided.