Economic and Financial Learning with Artificial Intelligence: A Mixed-Methods Study on ChatGPT

• URL: http://arxiv.org/abs/2402.15278v1
• Date: Fri, 23 Feb 2024 11:55:43 GMT
• Title: Economic and Financial Learning with Artificial Intelligence: A Mixed-Methods Study on ChatGPT
• Authors: Holger Arndt
• Abstract summary: This study explores ChatGPT's potential as an educational tool, focusing on user perceptions, experiences and learning outcomes. The study reveals a notable positive shift in perceptions after exposure, underscoring the efficacy of ChatGPT. However, challenges such as prompting effectiveness and information accuracy emerged as pivotal concerns.
• Score: 0.05152756192881158
• License: http://creativecommons.org/licenses/by-nc-nd/4.0/
• Abstract: In the evolving landscape of digital education, chatbots have emerged as potential game-changers, promising personalized and adaptive learning experiences. This research undertook an in-depth exploration of ChatGPT's potential as an educational tool, focusing on user perceptions, experiences and learning outcomes. Through a mixed-methods approach, a diverse group of 102 participants engaged with ChatGPT, providing insights pre- and postinteraction. The study reveals a notable positive shift in perceptions after exposure, underscoring the efficacy of ChatGPT. However, challenges such as prompting effectiveness and information accuracy emerged as pivotal concerns. Introducing the concept of 'AI-learning-competence', this study lays the groundwork for future research, emphasizing the need for formal training and pedagogical integration of AI tools.

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