Revolutionizing teaching economics online with AI: leveraging LLMs for enhanced communication, creativity, and efficiency in education

Simon D. Halliday and James E. Tierney

Chapter 3 in Teaching Economics Online, 2024, pp 32-47 from Edward Elgar Publishing

Abstract: We explore how Artificial Intelligence (AI) and Large Language Models (LLMs) like Chat GPT, Bing, and Claude can be incorporated into the economics classroom to help the instructor and the student alike. We summarize a variety of the recent literature on the use of AI in the classroom. We demonstrate ways in which the instructor can use LLMs to alleviate their administrative burden, produce effective testing materials, and support student learning through alignment with evidence in the learning sciences. For the student, we recommend thinking about using LLMs as a personal coach, to improve their writing, to engage in dual coding of the knowledge they learn, and to help them with elaborative encoding.

Keywords: Economics and Finance; Education; Teaching Methods; General Academic Interest (search for similar items in EconPapers)
Date: 2024
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