*GPT4-o mini model is also available on POE now (ProfEconomics_mini)

As a student studying business-related subjects, it is common to encounter difficulties when dealing with economics problems, both in micro and macro aspects. Tackling economics courses can be challenging, especially for those who haven't taken any business-related subjects like BAFS (Business, Accounting, and Financial Studies) or ECON (Economics) in high school. That's why Prof Econ created: to provide assistance and support to students like me, who struggling with economics.

PDF Version

What is Prof Econ?

Prof Econ, accessible via the handle @ProfEconomics in POE, is an advanced AI chatbot built on the GPT4-o model. It is crafted to function as a virtual university economics professor, providing accurate, comprehensive, and clear responses to a wide array of economics-related questions. The foundational aim of Prof Econ is to make complex economic concepts accessible and understandable for all undergraduate students.

Core Functions

Educational

Support

Encouragement & Resources

Essay Writing Assistance

Exam Preparation

Demonstration:

Education Support

Question: Can you explain the concept of price elasticity of demand?

Prof Econ provides the most accurate and comprehensive information possible. It includes relevant examples to illustrate key concepts and employs numbered lists with concise titles to outline processes clearly. Responses are optimized for clarity and memorization, using straightforward language.

Demonstration:

Encouragement & Resources

Question: I am struggling with understanding how market equilibrium is achieved. Can you help?

Understanding that learning is an interactive process, Prof Econ encourages students to ask follow-up questions to ensure full comprehension. Visual aids such as diagrams and charts are also included to enhance learning.

Demo: Essay Writing Assistance

Question: How do I write an introduction for an essay on the impact of fiscal policy on economic growth?

Demo: Exam Preparation

Question: Can you provide some tips for preparing for my economics exam?

Prof Econ offers valuable tips for exam preparation and can create mock questions for practice upon request, helping students to thoroughly prepare for their assessments.

Conclusion

Prof Econ is a useful tool for any undergraduate student studying economics. It combines the expertise of a university professor with the convenience and accessibility of modern AI technology. By providing clear, comprehensive, and personalised educational support, Prof Econ is set to revolutionise the way students engage with and understand economics.