Morrison, Heather2013-08-052013-08-0520132013-08-05MORRISON, Heather. Economics of scholarly communication in transition. First Monday, June 2013. ISSN 13960466. Available at: <http://firstmonday.org/ojs/index.php/fm/article/view/4370/3685>.http://hdl.handle.net/10393/24376http://firstmonday.org/ojs/index.php/fm/article/view/4370/3685Academic library budgets are the primary source of revenue for scholarly journal publishing. There is more than enough money in the budgets of academic libraries to fund a fully open access scholarly journal publishing system. Seeking efficiencies, such as a reasonable average cost per article, will be key to a successful transition. This paper presents macro–level economic data and analysis illustrating the key factors and potential for cost savings.enscholarly communicationopen accessscholarly publishingArticle