Importance of Aptitude Test in Economics
A
brief entrance test given to students at the beginning of a degree course was
found to be helpful in predicting the success of the student in the course, according
to researchers at Johannes Gutenberg University Mainz (JGU) and
Humboldt-Universitat zu Berlin. It was found to be better than an intelligence
test or predictions based on school grades. The new research was motivated by
huge dropouts in Economics Degree programs every year in Germany. The Test of
Economic Literacy (TEL-IV) developed in USA was adapted to TEL-D as a domain
specific entrance test. It was based on subject-related thinking and
understanding of supply and demand apart from mathematical and
statistical-methodological understanding. TEL-D is capable of testing the
student's prior knowledge and skills for the subject. It gives a much better
prognosis than the conventional university entrance examination.
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