Why LLMs are so good at economics – Marginal REVOLUTION

Good chains of reasoning in economics are not too long and complicated.  If they run on for very long, there is probably something wrong with the argument.  The length of these effective reasoning chains is well within the abilities of the top LLMs today.

Plenty of good economics requires a synthesis of theoretical and empirical considerations.  LLMs are especially good at synthesis.

In economic arguments and explanations, there are very often multiple factors.  LLMs are very good at listing multiple factors, sometimes they are “too good” at it, “aargh! not another list, bitte…”
— Read on marginalrevolution.com/marginalrevolution/2025/03/why-llms-are-so-good-at-economics.html