Algebra & Economics

Contents

The 21+ test consists of two exams, a basic algebra test and an economics/accounting exam. You will need to score a pass rate on both exams in order to pass the 21+ exam. Any grade equal to or above 5.5 is considered to be a pass. Both exams are seen as separate: you only have to take a re-examination for the part you did not pass.

Testing methods and duration

Testing methods and duration Algebra test

Duration: 1 hour. The test consists of 40 questions in total, divided into the following parts: 

• Part 1 - Arithmetic (10 questions) 

• Part 2 - Fractions and percentages (10 questions) 

• Part 3 - Roots and Powers (10 questions) 

• Part 4 - Expressions and equations (10 questions) 

Each question yields one point. You will pass the test when the score is 25 or more. Using a calculator is not allowed! 

Testing methods and duration of Economics test

The exam will take place on campus if possible. Duration: 2 hours. The exam will consist of 25 multiple choice questions.

Preparation 

To prepare for the Algebra test you can use the following course book:

• Schaum's Outline of Elementary Algebra (Any Edition)
  authors: Barnett Rich & Philip A. Schmidt
  Price: € 22.50 
  Paperback 400 Pages McGraw-Hill Education - Europe

Examples Algebra test(opent in nieuw venster)

To prepare for the Economics part of the exam you may use the following text book:

• Economics by Parkin, Powell and Matthews

Relevant topics to be studied include:

• Demand and supply
• Perfect competition, monopolistic competition, oligopoly and monopoly
• Elasticities
• Infation
• Unemployment
• Business cycle and economic growth
• GDP

You don’t have to buy the most recent editions of these books. Topics mentioned can be found in any edition.

The use of a calculator is permitted, but not a graphic calculator.

Example of economics and accounting test(opent in nieuw venster)

Assessment

Any grade equal to or above 5.5 is considered to be a pass.