We think it is one of the most fun subjects in the Spanish Baccalaureate, what do you think? If you want to do a career in Social Sciences, it is likely that you are preparing for it. We tell you what Business and Business Model Design (previously called Business Economics) is like at EvAU Madrid 2024.
What the EvAU Madrid 2024 Business and Business Model Design exam will be like
The next EvAU call in Madrid for the subject of Business and Business Model Design will present an important peculiarity. Students will have two options to choose from, each with six questions available.
However, due to Covid-19 contagion prevention measures, the exam will have an adapted model in which students will be able to choose between the first two questions of each option (A1, A2-B1, B2) by answering only to two questions out of the four they have to choose from.
Subsequently, students will be able to select four questions from the last four of each option (A3, A4, A5, A6-B3, B4, B5, B6) and it is mandatory to answer all of them. Both A3, A4-B3, B4 are theory questions.
A5, A6-B5, B6 are the practical exercises, with inventory valuation and balance sheet being very common.
The recommendation is to do the 2 practical exercises for each option so that you do not have to write so much theory.
If you want to know what they asked in the previous exams, we recommend that you take a look at our section exam models. In it you will find the exams from the different calls from recent years. A good way to practice before the exam is to do some of these exercises and then compare your answers with those of the solved exams by our teachers. If you prefer, you can also see these same exams in our Youtube.
Five tips to prepare Economics for Selectivity
The subject of Business and Business Model Design is essential for any student who aspires to understand the complexity of the business world. This discipline provides a deep understanding of the economic concepts that govern business management. From supply and demand to costs and profit maximization. This subject provides students with the ability to analyze and evaluate the financial results of a company. This allows them to make informed and accurate decisions in their professional and personal lives. 🙂
Below, we leave you the 5 key points that we believe can help you prepare your entrance exam to the university of Business and Business Model Design at EvAU Madrid 2024, although they are also valid for other Selectivity exams: Specific Competencies Tests UNEDasiss, over 25, and even access to higher-level training cycles.
- You must perfectly understand the basic concepts that later appear in theory and practice. That is, you have to know how to define terms such as supply and demand, production costs, etc. without hesitation.
- Understand how you are solving the problem: although it may seem difficult, you must understand what you are calculating at each moment, and decide if the results you are obtaining would make sense in a real company.
- Before starting to solve an exercise, write down the data and, if you have time, the formulas you will need to solve it. This way you will have a clearer idea of how to solve it and you won't get lost in the statement if you need to review.
- Manage your time. The EvAU Economics exam has more questions than usual, so you should practice before the exam to avoid getting caught out, especially in any of the problems.
- The exercises are always easier than they seem, remember that they are normally solved with a simple addition, subtraction, division or multiplication. They will never ask for many calculations, so read the statement carefully as many times as you need until you reach the answer or procedure.
Cheer up, now for 10!
