Rethinking Economics Assessments for a GenAI World: a CTaLE-Stone Centre-Royal Economics Society Report
(Sept 2025)

Cloda Jenkins, Denise Hawkes, Parama Chaudhury, Antonio Mele, Carlos Cortinhas, Ramin Nassehi, Silvia Dal Bianco and Stefania Paredes Fuentes

Our report is available on the Royal Economics Society website. You can also find the standalone Executive Summary there. The associated working papers are linked below.

Generative AI (GenAI) models are changing the economy and society at pace. The world of work our students are graduating into is evolving and they are learning with GenAI by their sides. Higher Education needs to adapt; what we teach, how we teach and how we assess, as well as how we work with GenAI ourselves. Adaptation needs to be grounded in an understanding of how the labour market is changing, how students and academics are using GenAI, and how national and institutional policies are accounting for GenAI use in education. Working out what to do is not straight-forward. Navigating the uncertainty and rapidly changing landscape requires experimentation and sharing of what is working well and what is not working well. This report provides a baseline for the collaboration and co-working needed to move us forward. Focusing only on assessment, as one part of wider curriculum change, we provide a snapshot of where economics education in UK universities is at as of summer 2025 and present recommendations on what is needed to move forward. Our snapshot of the current state of play in economics education in the UK relates to the period January to June 2025. During this time we ran a pulse survey of professional economists, a pulse survey of academics teaching economics and a workshop involving panel discussions and small group focus decisions. We complemented our primary research with a review of recent reports on the labour markets, AI and Education literature and institutional policies on GenAI and academic integrity.

We are grateful to the Stone Centre UCL for their financial support for our June 2025 workshop and to the Royal Economics Society for supporting the publication of our final report.

The final report is available on the Royal Economics Society website. This report is supplemented by three CTaLE Working Paper appendices.

• Working Paper 1: How Economists are Using AI at Work: The New Employability Skills
• Working Paper 2: How are Economists adapting Assessments for a GenAI World?
• Working Paper 3: Academic Integrity in a GenAI World – A Comparative Review of University Policies in the UK