Economics Test

Q: What topics are covered in the Economics Test?

经济学 数据解释 商业分析 宏观经济学 微观经济学

About the test:

经济学测试评估了候选人对经济原则，数据解释和财务分析的了解和理解。它评估了他们将经济概念应用于现实世界情景并做出数据支持的决策的能力。

Covered skills:

经济学
商业分析
微观经济学

数据解释
宏观经济学

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9 reasons why

Adaface Economics Assessment Test is the most accurate way to shortlist 经济学家s

Reason #1

Tests for on-the-job skills

The Economics Test helps recruiters and hiring managers identify qualified candidates from a pool of resumes, and helps in taking objective hiring decisions. It reduces the administrative overhead of interviewing too many candidates and saves time by filtering out unqualified candidates at the first step of the hiring process.

The test screens for the following skills that hiring managers look for in candidates:

展示对经济原理和概念的彻底理解
将经济理论应用于实际情况
分析和解释经济数据和统计数据
评估经济政策和决策的影响
表现出对微观经济学的深刻理解
展示对宏观经济学的深刻理解
将业务分析技术应用于经济状况
识别和分析市场趋势和模式
了解供求在经济中的作用
评估全球化的经济影响

Reason #2

No trick questions

Traditional assessment tools use trick questions and puzzles for the screening, which creates a lot of frustration among candidates about having to go through irrelevant screening assessments.

View sample questions

The main reason we started Adaface is that traditional pre-employment assessment platforms are not a fair way for companies to evaluate candidates. At Adaface, our mission is to help companies find great candidates by assessing on-the-job skills required for a role.

Why we started Adaface

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Reason #3

Non-googleable questions

We have a very high focus on the quality of questions that test for on-the-job skills. Every question is non-googleable and we have a very high bar for the level of subject matter experts we onboard to create these questions. We have crawlers to check if any of the questions are leaked online. If/ when a question gets leaked, we get an alert. We change the question for you & let you know.

How we design questions

这些只是我们库中有10,000多个问题的一个小样本。关于此的实际问题经济学测试将是不可行的.

🧐 Question
Medium Dividends Financial Analysis Percentage and Average Calculations	Try practice test
Consider the following line chart which shows the money invested by a company in production each year and the sales made by the company each year. If the pie chart shows the shareholding pattern of the company and the company gives 10% of the profit as dividends to its share holders then what is the average dividend received by retail investors from 2000 to 2004?
Medium Laptop Brands Proportions and Percentages Financial Reasoning	Try practice test
Given below is the list of laptop brands and their details in which some data is missing. If the cost price of Dell is 3/5 of the cost price of Lenovo, then what will be the %profit of Dell?
Hard Median Trend Analysis Statistical Reasoning	Try practice test
Consider the following line chart which shows the sales of five different companies from 2000 to 2009. Which of the following companies has the maximum percentage increase in the median from 2000 to 2004 and 2005 to 2009.

	🧐 Question	🔧 Skill
	Medium Dividends Financial Analysis Percentage and Average Calculations	3 mins Data Interpretation	Try practice test
Consider the following line chart which shows the money invested by a company in production each year and the sales made by the company each year. If the pie chart shows the shareholding pattern of the company and the company gives 10% of the profit as dividends to its share holders then what is the average dividend received by retail investors from 2000 to 2004?
	Medium Laptop Brands Proportions and Percentages Financial Reasoning	2 mins Data Interpretation	Try practice test
Given below is the list of laptop brands and their details in which some data is missing. If the cost price of Dell is 3/5 of the cost price of Lenovo, then what will be the %profit of Dell?
	Hard Median Trend Analysis Statistical Reasoning	3 mins Data Interpretation	Try practice test
Consider the following line chart which shows the sales of five different companies from 2000 to 2009. Which of the following companies has the maximum percentage increase in the median from 2000 to 2004 and 2005 to 2009.

	🧐 Question	🔧 Skill	💪 Difficulty	⌛ Time
	Dividends Financial Analysis Percentage and Average Calculations	Data Interpretation	Medium	3 mins	Try practice test
Consider the following line chart which shows the money invested by a company in production each year and the sales made by the company each year. If the pie chart shows the shareholding pattern of the company and the company gives 10% of the profit as dividends to its share holders then what is the average dividend received by retail investors from 2000 to 2004?
	Laptop Brands Proportions and Percentages Financial Reasoning	Data Interpretation	Medium	2 mins	Try practice test
Given below is the list of laptop brands and their details in which some data is missing. If the cost price of Dell is 3/5 of the cost price of Lenovo, then what will be the %profit of Dell?
	Median Trend Analysis Statistical Reasoning	Data Interpretation	Hard	3 mins	Try practice test
Consider the following line chart which shows the sales of five different companies from 2000 to 2009. Which of the following companies has the maximum percentage increase in the median from 2000 to 2004 and 2005 to 2009.

Reason #4

1200+ customers in 75 countries

借助 Adaface，我们能够将初步筛选流程优化达 75% 以上，为招聘经理和我们的人才招聘团队节省了宝贵的时间！

Brandon Lee, 人事主管, Love, Bonito

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Reason #5

Designed for elimination, not selection

The most important thing while implementing the pre-employment 经济学测试 in your hiring process is that it is an elimination tool, not a selection tool. In other words: you want to use the test to eliminate the candidates who do poorly on the test, not to select the candidates who come out at the top. While they are super valuable, pre-employment tests do not paint the entire picture of a candidate’s abilities, knowledge, and motivations. Multiple easy questions are more predictive of a candidate's ability than fewer hard questions. Harder questions are often "trick" based questions, which do not provide any meaningful signal about the candidate's skillset.

Science behind Adaface tests

Reason #6

1 click candidate invites

Email invites: You can send candidates an email invite to the 经济学测试 from your dashboard by entering their email address.

Public link: You can create a public link for each test that you can share with candidates.

API or integrations: You can invite candidates directly from your ATS by using our pre-built integrations with popular ATS systems or building a custom integration with your in-house ATS.

Reason #7

Detailed scorecards & benchmarks

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Reason #8

High completion rate

Adaface tests are conversational, low-stress, and take just 25-40 mins to complete.

This is why Adaface has the highest test-completion rate (86%), which is more than 2x better than traditional assessments.

Reason #9

Advanced Proctoring

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About the Economics Online Test

Why you should use Pre-employment Economics Test?

The 经济学测试 makes use of scenario-based questions to test for on-the-job skills as opposed to theoretical knowledge, ensuring that candidates who do well on this screening test have the relavant skills. The questions are designed to covered following on-the-job aspects:

分析经济数据并解释趋势的能力
商业分析技术和策略的知识
了解宏观经济因素及其对业务的影响
精通微观经济原则及其应用
数据解释和分析的能力
熟悉经济理论和模型
进行经济研究和分析发现的能力
对计量经济学技术的了解及其实施
进行成本效益分析的专业知识
了解市场需求和供应动态

Once the test is sent to a candidate, the candidate receives a link in email to take the test. For each candidate, you will receive a detailed report with skills breakdown and benchmarks to shortlist the top candidates from your pool.

What topics are covered in the Economics Test?

数据解释：
数据解释涉及分析和有意义数据提取有意义的见解。它包括解释数值数据，图表，图形和其他视觉表示形式，以识别模式，关系和趋势。衡量测试中的这一技能至关重要，因为它证明了候选人能够分析和从复杂的经济数据中得出结论，这是市场研究，政策分析和财务预测等领域的重要能力。
业务分析：
业务分析是评估组织的运营，系统和流程以确定改进和制定有效策略领域的过程。它涉及分析财务报表，市场趋势和行业数据，以评估业务绩效并做出明智的决定。评估测试中的这一技能有助于评估候选人批判性分析业务数据，确定关键绩效指标并提供可行的见解以推动组织增长的能力。
宏观经济学：</p>
宏观 - 经济学着重于国家或全球一级经济体系的研究。它研究了经济增长，通货膨胀，失业，财政和货币政策以及国际贸易等因素。测量测试中的这一技能使招聘人员能够评估候选人对宏观经济理论的理解及其分析宏观经济变量对业务和政策决策的影响的能力。
微观经济学：</p>
微观经济学涉及个人或公司层面上经济行为的分析。它探讨了供求，价格确定，市场结构和消费者行为等主题。评估该测试中的这一技能使招聘人员可以评估候选人对微观经济原则的理解及其将其应用于现实世界情景的能力，包括定价策略，市场竞争和资源分配。
Full list of covered topics
The actual topics of the questions in the final test will depend on your job description and requirements. However, here's a list of topics you can expect the questions for 经济学测试 to be based on.
供需
市场均衡
需求的弹性
机会成本
国内生产总值（GDP）
通货膨胀
财政政策
货币政策
失业
国际贸易
经济增长
价格确定
外部性
市场结构
收入分配
商业周期
劳动力市场
经济指标
实用性最大化
生产成本
完美的竞争
垄断
寡头
经济预测
消费者行为
总需求
总供给
投资分析
国民收入会计
汇率
经济发展
经济体系
经济政策
经济不平等
国际金融
货币理论
经济效率
资本市场
预算赤字
利率
工资确定
经济一体化
经济建模
经济改革
金融市场
经济制裁
经济可持续性
经济指标
劳动生产率
全球经济危机
政府干预
收入产生
经济稳定

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What roles can I use the Economics Test for?

经济学家
业务分析师
金融分析师
数据分析师
经济研究人员

How is the Economics Test customized for senior candidates?

For intermediate/ experienced candidates, we customize the assessment questions to include advanced topics and increase the difficulty level of the questions. This might include adding questions on topics like