Will AI Improve Undergraduate Economics Education?


From the excellent Matt Kahn:

For decades, undergraduate economics educators have followed a well-worn playbook featuring textbooks, lectures and problem sets. Students have passively listened, taken notes and studied for exams. AI disrupts this educational process. Some students are using this tool as a substitute for their own precious time. What is our best response? This paper provides a prospective analysis of how to restructure every phase of the undergraduate economics experience to improve the major and better prepare students for their uncertain future. Departments face a principal/agent issue in implementing major  curricular reforms. I discuss the incentive problems that arise both within economics departments and across departments. If we win this competition to reimagine the undergraduate experience, will the Deans reward us?

TC again: No.




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