Unveiling Cognitive Inequities through Virtual Currency: A Hermeneutic Analysis of Economics Education

Potential Abstract: In this research article, we explore the intersection of cognitive inequities, virtual currency, and hermeneutic approaches within the realm of economics education. As digital technologies continue to shape the landscape of learning environments, the use of virtual currencies has emerged as a tool to enhance financial literacy and economic understanding among students. However, our study delves deeper to investigate how these virtual currencies may inadvertently perpetuate or exacerbate existing cognitive inequities among learners. Drawing on hermeneutic principles, we analyze the underlying assumptions, biases, and power dynamics embedded in the design and implementation of virtual currency-based economics education programs. Through a critical lens, we aim to uncover the ways in which these programs may inadvertently reinforce or mitigate socioeconomic disparities in educational outcomes.

This research contributes to the ongoing discourse on the role of technology in education and the need to address cognitive inequities within economic learning contexts. By applying a hermeneutic framework to our analysis, we offer a nuanced understanding of how virtual currencies can shape students’ perceptions, values, and behaviors related to economics. Our findings have implications for educators, policymakers, and curriculum developers seeking to promote more equitable and inclusive economic education practices. Ultimately, this study calls for a reexamination of the assumptions underlying the use of virtual currencies in economics education and urges stakeholders to consider the broader societal implications of these pedagogical tools.

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