The use of ChatGPT in the study of economics: a SWOT analysis

Dorotea Pittner; Dejan Romih; Gregor Polančič

doi:10.46793/ICEMIT23.157P

Authors

Dorotea Pittner University of Maribor, Faculty of Economics and Business, Slovenia
Dejan Romih University of Maribor, Faculty of Economics and Business, Slovenia
Gregor Polančič University of Maribor, Faculty of Electrical Engineering and Computer Science, Slovenia

DOI:

https://doi.org/10.46793/ICEMIT23.157P

Keywords:

artificial intelligence, ChatGPT, economics, learning, studying, SWOT

Abstract

ChatGPT is changing the way people learn and study. In this paper, we identify, analyze, and discuss the advantages, disadvantages, opportunities, and threats of using ChatGPT in higher education institutions, specifically in studying economics. Based on interviews with university students from Slovenia, we found that ChatGPT can improve the learning experience. However, the results also show that the use of ChatGPT in economics has disadvantages and threats, which students and professors should be aware of.

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