Economics Online Test
The Economics Online Test is an assessment designed to evaluate candidates’ understanding and knowledge of economic principles, theories, and applications. It covers various topics, including microeconomics, macroeconomics, market structures, fiscal and monetary policies, and international trade. This test is used by employers to measure the proficiency of job applicants in economics. By identifying individuals with strong analytical and critical thinking skills, it helps ensure that they are well-prepared to handle economic challenges and make informed decisions in academic, professional, or research settings.
About the Economics Online Test
Are you in search of top-notch Economics experts to join your team? Your search ends here! Xobin’s Economics Online Test is the perfect solution for evaluating the skill competency of potential candidates. In the ever-evolving field of economics, it is crucial to find the right candidate who can navigate through complex economic theories and concepts. Xobin offers a comprehensive assessment designed specifically for businesses looking to hire the best economists.
Covered skills
  Analytical skills
  Critical thinking skills
  Quantitative reasoning skills
  Problem-solving skills
Transform your hiring process and cultivate a top-notch team by incorporating Xobin’s Economics Test. Compliant with EEOC regulations, our assessment ensures unbiased evaluation and promotes inclusive recruitment practices, enabling you to attract a wide range of talented individuals.
 Organizations Served
Availability: Ready to use and customizable
Questions Type : Scenario-based MCQ questions
Time : 30-45 minutes
Level : Flexible and customizable
Recommended Job Roles to Use the Economics Online Test
Given the diverse nature of roles within the field of economics, job titles can vary across companies and industries. To cater to this variability, we have compiled a range of alternative job positions that require similar skill sets, responsibilities, and objectives as economists. Xobin’s Economics Test is a valuable assessment for evaluating proficiency in any of these related job roles, ensuring a comprehensive assessment.
Economist
Financial analyst
Market researcher
Data analyst
Policy analyst
Investment banker
Why Choose Xobin for the Economics Online Test?
Our Economics Online Test is enhanced with generative AI for faster candidate evaluation. Our advanced features provide insightful reports for data-driven decision-making, ensuring organizations make informed choices efficiently.
Comprehensive Skill Assessment
Xobin offers a wide range of skill assessment tests, including economics, that are customizable to suit the specific requirements of the role. These tests go beyond traditional CV screening and allow candidates to showcase their talent and skills effectively.
Advanced Evaluation Technology
Xobin utilizes AI-driven evaluation systems, such as its proprietary LLM-based answer evaluation system, to automate the time-consuming process of evaluating test answers. This saves hiring managers and recruiters valuable time and effort.
Data Security and Confidentiality
Xobin offers a wide range of skill assessment tests, including economics, that are customizable to suit the specific requirements of the role. These tests go beyond traditional CV screening and allow candidates to showcase their talent and skills effectively.
Streamlined Recruitment Process
With Xobin, conducting economics tests and evaluating candidates becomes a seamless and efficient process. The platform offers features like automated video interviews, applicant tracking software, and pre-employment testing software, which simplify and optimize the recruitment process.
Collaborative Hiring
Xobin’s skill assessment software promotes collaborative hiring, allowing multiple users to share insights, observations, and evaluations in real-time.
How Does Xobin’s Economics Test Works?
From Test Creation to Candidate Evaluation. The Xobin’s Economics Test facilitates Recruiters and Hiring Managers through the complete assessment process.
Add the Test
Firstly, choose from our Library of job-specific Pre-built tests. You can customize your own test too.
Invite Test takers
Firstly, choose from our Library of job-specific Pre-built tests. You can customize your own test too.
Testing Begins
Sit back while candidates take the online test. AI Proctoring features prevent candidates from cheating.
1-Click Shortlist
Lastly, shortlist the top candidates with ease by using auto-generated scores and advanced reports.
How Xobin Prevents Cheating?
Xobin effectively prevents cheating during the economics test through AI-based web proctoring, eye movement tracking, browser activity monitoring, ChatGPT protection, plagiarism detection, non-googleable questions, user authentication, and copy-paste prevention.
AI-Based Web Proctoring
Xobin uses AI technology to track candidates taking the economics test through video proctoring and browser monitoring, capturing any unusual activity for test admins to review.
EyeGazer Based Proctoring
Xobin ensures exam integrity by tracking candidates’ eye movements during the economics test, ensuring they stay focused and comply with exam rules for a trustworthy assessment.
Browser Activity Monitoring
Xobin’s “Browser Activity Monitoring” feature tracks all browser activities during the economics test to guarantee a fair evaluation and prevent cheating.
ChatGPT Protection
Xobin employs ChatGPT protection to prevent candidates from using chatbots or other AI-powered tools to cheat during the economics test.
Plagiarism Detection
Xobin’s software includes plagiarism detection to identify any instances of copied content or cheating during the economics test.
Non-Googleable Questions
Xobin ensures that the economics test questions are not easily searchable on the internet, preventing candidates from finding answers online.
User Authentication
Xobin requires user authentication to verify the identity of candidates taking the economics test, preventing impersonation and cheating.
Copy Paste Prevention
Xobin’s software includes features to prevent candidates from copying and pasting content during the economics test, ensuring the integrity of the assessment.
Why Choose the Economics Online Test ?
Customize Test
Pick a ready to-go test or combine it with other skills. Additionally, you can customize the test by picking from our library with over 100,00+ questions.
Candidate Friendly
We don’t complicate the process for candidates. No downloading lockdown browsers, No gimmicky games or impersonal chat.
Validated and Complaint
This test was crafted by a group of industry professional and subject matter experts. Thereafter, the internal test controllers.
Enhance Decision-Making with Xobin’s Economics Online Test Detailed and Advanced Reports
Enhance your business with Xobin’s Economics Online Test to efficiently hire the most suitable candidates with detailed and advanced reports, making the hiring process 20x faster. Let’s simplify hiring for you!
Who Can Use Xobin’s Economics Online Test?
Xobin’s Economics Online Test is designed to cater to a diverse range of businesses and industries, providing a comprehensive assessment for organizations looking to evaluate the economic knowledge and skills of their potential candidates. Whether you’re a financial institution, a consulting firm, a government agency, or any organization seeking to assess the economic expertise of your applicants, our test is the perfect solution.
When used for pre-employment screening and job evaluation, the primary users of our Economics Online Test typically include members of the HR team, talent acquisition specialists, or company recruiters. These professionals administer the test to identify the most suitable candidates for roles that require a strong understanding of economic principles. The test reports provide valuable insights for hiring managers to evaluate the skills and knowledge of potential candidates before making hiring decisions.
In the case of skill gap analysis, the primary users of our Economics Test would be from the Learning and Development (L&D) team. Learning and Development administrators and managers utilize this test to assess the economic knowledge gaps and training needs within their organization. The reports and analytics generated from the test help in designing tailored training programs to enhance the economic expertise of the team.
Our Economics Online Test is a versatile assessment that can be utilized by a wide range of users involved in the recruitment process, offering an effective means of evaluating the economic capabilities of candidates and selecting the most qualified individuals for roles that require a strong understanding of economics.
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4.5 on G2
What Clients Say about Xobin
Xobin platform worked well for campus hiring. Great support by the team. Moreover, they are always ready to understand the issue and provide a comprehensive solution.
Alex Acker
Senior Manager
We now have a far better understanding of the candidate’s potential for product development because of Xobin. It was simple to use and offered a huge selection of assessments.
David Shackelford
Project Manager
Xobin is ideal for organisations of any size. Xobin manages all aspects of screening using their Xoforms and Assessments. They have sophisticated tools, such as the Xoforms.
Spencer Mann
VP of Growth
Use Xobin to hire top talents 20x faster and bias-free
Our skill assessment tests identify the best candidates for your organization and make your hiring decisions 20x faster, easier, and bias-free.
Frequently Asked Questions
How can Xobin’s Skill Assessment Software benefit the finance industry in hiring top talents?
Xobin’s Skill Assessment Software can benefit the finance industry by enabling them to hire top talents 20x faster and with ease. The AI-based web proctoring feature ensures test integrity, while the EyeGazer-based proctoring technology tracks eye movements to ensure candidates stay focused and comply with exam rules. Additionally, the plagiarism detection and non-googleable questions features ensure a fair evaluation process.
Can Xobin’s Skill Assessment Software be used for large-scale university recruitment in the field of economics?
Yes, Xobin’s Skill Assessment Software is suitable for large-scale university recruitment in the field of economics. With over 2 million test takers per year and 2500 premade tests, Xobin has the capability to handle the volume of assessments required for university recruitment. The software’s features, such as question randomization and copy-paste prevention, ensure a diverse testing experience and maintain test integrity.
How does Xobin’s Skill Assessment Software ensure data security and confidentiality?
Xobin takes data security and confidentiality seriously. The software has different data confidentiality certificates and follows all data security guidelines. Additionally, Xobin has obtained the GDPR Certificate, which ensures compliance with European Union data protection regulations. This means that all personal and sensitive data collected during the assessment process is handled securely and in accordance with privacy laws.
Can Xobin’s Skill Assessment Software be customized for specific economic roles within the banking industry?
Yes, Xobin’s Skill Assessment Software can be customized for specific economic roles within the banking industry. The software’s ability to conduct role-based hiring assessments makes it suitable for tailoring assessments to match the specific skills and knowledge required for different banking roles. This ensures that candidates are evaluated based on their suitability for the specific economic roles within the banking industry.
How does Xobin’s Skill Assessment Software save time and money in the hiring process for economics-related positions?
Xobin’s Skill Assessment Software saves time and money in the hiring process for economics-related positions by streamlining the assessment process. With the ability to hire top talents 20x faster, recruiters can quickly identify qualified candidates and move them through the hiring process efficiently. Additionally, the software’s features, such as AI-based web proctoring and plagiarism detection, reduce the need for manual monitoring and evaluation, saving both time and resources.
Can Xobin’s Skill Assessment Software be integrated with existing recruitment systems used in the retail industry?
Yes, Xobin’s Skill Assessment Software can be integrated with existing recruitment systems used in the retail industry. The software is designed to be compatible with various systems and can be seamlessly integrated into the recruitment workflow. This allows retail industry recruiters to leverage the benefits of Xobin’s Skill Assessment Software, such as efficient candidate evaluation and cost savings, within their existing recruitment processes.
