This paper addresses the challenge of ethically integrating ChatGPT, a sophisticated AI language model, into K-14 economics education. Amidst the growing presence of AI in classrooms, it proposes the “Evaluate, Reflect, Assurance” model, a novel decision-making framework grounded in normative and virtue ethics, to guide educators. This approach is detailed through a theoretical decision tree, offering educators a heuristic tool to weigh the educational advantages and ethical dimensions of using ChatGPT. An educator can use the decision tree to reach a (...) conclusion on using ChatGPT within the classroom environment by using ethical considerations to promote personalized learning and upholding academic integrity. The paper stresses the importance of ongoing professional development for educators in ethical AI usage and calls for institutional support in this pursuit. It also identifies future research directions, including long-term impact studies of ChatGPT and comparative analyses of various AI tools in economics education, underscoring the paper’s relevance to current educational technology discourse. (shrink)