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EconLogicQA: A Question-Answering Benchmark for Evaluating Large Language Models in Economic Sequential Reasoning

2024-05-13Code Available0· sign in to hype

Yinzhu Quan, Zefang Liu

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Abstract

In this paper, we introduce EconLogicQA, a rigorous benchmark designed to assess the sequential reasoning capabilities of large language models (LLMs) within the intricate realms of economics, business, and supply chain management. Diverging from traditional benchmarks that predict subsequent events individually, EconLogicQA poses a more challenging task: it requires models to discern and sequence multiple interconnected events, capturing the complexity of economic logics. EconLogicQA comprises an array of multi-event scenarios derived from economic articles, which necessitate an insightful understanding of both temporal and logical event relationships. Through comprehensive evaluations, we exhibit that EconLogicQA effectively gauges a LLM's proficiency in navigating the sequential complexities inherent in economic contexts. We provide a detailed description of EconLogicQA dataset and shows the outcomes from evaluating the benchmark across various leading-edge LLMs, thereby offering a thorough perspective on their sequential reasoning potential in economic contexts. Our benchmark dataset is available at https://huggingface.co/datasets/yinzhu-quan/econ_logic_qa.

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Benchmark Results

DatasetModelMetricClaimedVerifiedStatus
EconLogicQALlama-3-8BAccuracy0.24Unverified
EconLogicQAZephyr-7B-AlphaAccuracy0.23Unverified
EconLogicQAYi-6B-ChatAccuracy0.21Unverified
EconLogicQAGPT-4-TurboAccuracy0.57Unverified
EconLogicQAGPT-4Accuracy0.55Unverified
EconLogicQAGPT-3.5-TurboAccuracy0.38Unverified
EconLogicQALlama-3-8B-InstructAccuracy0.35Unverified
EconLogicQAMistral-7B-Instruct-v0.2Accuracy0.32Unverified
EconLogicQAMistral-7B-v0.1Accuracy0.26Unverified
EconLogicQAMistral-7B-v0.2Accuracy0.26Unverified
EconLogicQAZephyr-7B-BetaAccuracy0.18Unverified
EconLogicQAMistral-7B-Instruct-v0.1Accuracy0.15Unverified
EconLogicQALlama-2-13B-ChatAccuracy0.15Unverified
EconLogicQALlama-2-7B-ChatAccuracy0.09Unverified
EconLogicQAGemma-2B-ITAccuracy0.08Unverified
EconLogicQAYi-6BAccuracy0.04Unverified
EconLogicQAGemma-7B-ITAccuracy0.02Unverified
EconLogicQALlama-2-7BAccuracy0.01Unverified

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