Economics

Economics is a multi choice test that measures the conceptual knowledge of microeconomics, macroeconomics and international trade. 

Economics is a multi choice test that measures the conceptual knowledge of microeconomics, macroeconomics and international trade.

Potential job titles that use this solution include: Economist, Financial Quantitative Analyst, Economic Consultant, Revenue Research Analyst, Economics Teacher

What It’s Best Used For

• Vetting Financial and Advisory Applicants: Screening incoming job seekers or current employees targeting analytical roles like Economists, Financial Quantitative Analysts, Economic Consultants, Revenue Research Analysts, or Economics Teachers.
• Auditing Microeconomic Principles: Evaluating an applicant’s functional grasp of market competition structures, supply and demand mechanics, production variables, and cost analysis.
• Assessing Macroeconomic Fluctuations: Benchmarking knowledge across critical indicators including inflation, unemployment metrics, national income determination models, and IS-LM or AD-AS systems.
• Evaluating Global Trade Competency: Measuring a candidate’s operational understanding of international trade issues, open economy dynamics, money demand factors, and government policy interventions.
• Rapid Applicant Pre-Screening: Streamlining early recruitment filters with a highly condensed test layout that respects the candidate’s time and prevents application dropout.
• Unproctored Remote Recruitment: Administering secure online evaluations directly to remote or work-from-home candidates without requiring a physical test proctor.

Job levels – Mid-Professional, Professional Individual Contributor, Graduate,
Language – English (USA),
Average Testing Time (minutes) – 13 minutes
Allowed Time: 15 minutes
Maximum Number of Questions – 15 questions
Designed for Unproctored Environment – Yes
Test Type – Multiple Choice
Sector: Business

Scores Reported

• Overall Score
• Microeconomics
• Macroeconomics
• International Trade Theory

Knowledge, Skills, Abilities and Competencies Measured 

• Competition and market structure
• Demand and supply
• Production and cost
• Inflation and unemployment
• National income determination
• IS-LM and AD-AS analysis
• Open economy and demand for money
• International trade issues
• Policy interventions