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April 23, 2020 Thursday 03:43:39 PM IST

Importance of Aptitude Test in Economics

Teacher Insights

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.