The document discusses open circuit and short circuit tests that are used to determine the circuit constants, efficiency, and voltage regulation of a transformer without fully loading it. The open circuit test measures voltage, current, and power input to the primary with the secondary open, in order to determine iron losses. The short circuit test measures these parameters with the secondary shorted, which allows determination of full load copper losses and impedance values like R01 and X01 that are used to calculate voltage regulation. Both tests require minimal power compared to full load and provide important transformer characteristics.