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Exam Review

Key Facts: EGEL Plus Economía Exam

205

Total items on the official EGEL Plus ECONO (145 disciplinary + 60 transversal)

Ceneval, Guía para el sustentante EGEL Plus ECONO

9 hours

Two sessions of 4.5 hours each on the same day

Ceneval, Guía para el sustentante EGEL Plus ECONO

21

Contabilidad nacional items, the largest macroeconomics subarea

Ceneval, Guía para el sustentante EGEL Plus ECONO

1000

Minimum Índice Ceneval for a Satisfactorio level in an area or section

Ceneval, Guía para el sustentante EGEL Plus ECONO

MXN 1,885

Individual national Examen desde casa fee in 2026

Ceneval EGEL portal

Ceneval's EGEL Plus ECONO is a 205-item, nine-hour Spanish exit exam taken online: 145 disciplinary items in three areas plus 60 transversal language and communication items.

Sample EGEL Plus Economía Practice Questions

Try these sample questions to review concepts for the EGEL Plus Economía exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1A consumer has the utility function U(X, Y) = X^0.5 × Y^0.5. The price of X is MXN 10, the price of Y is MXN 20, and income is MXN 400. What is the utility-maximizing bundle?
A.X = 20, Y = 10
B.X = 10, Y = 20
C.X = 25, Y = 7.5
D.X = 40, Y = 0
Explanation: With symmetric Cobb-Douglas utility the consumer spends half of income on each good: MXN 200 / 10 = 20 units of X and MXN 200 / 20 = 10 units of Y. At this bundle MRS = Y/X = 0.5 = Px/Py.
2A consumer's utility function is U(X, Y) = X^0.4 × Y^0.6. What is the marginal rate of substitution MRS = MUx / MUy at X = 2 and Y = 6?
A.1.50
B.2.00
C.3.00
D.0.67
Explanation: MRS = (0.4 / 0.6) × (Y / X) = (2/3) × (6 / 2) = 2.00.
3Market demand for a crop is Q = 120 - 3P. What is the point price elasticity of demand at P = 20?
A.-0.50
B.-0.33
C.-1.00
D.-3.00
Explanation: At P = 20, Q = 120 - 60 = 60. Elasticity = (dQ/dP) × (P/Q) = -3 × (20/60) = -1.00, so demand is unit elastic at this point.
4When household income rises from MXN 10,000 to MXN 12,000 a month, the quantity demanded of good Z rises from 50 to 55 units. How is good Z classified?
A.Inferior good, income elasticity of -0.50
B.Luxury good, income elasticity of +2.00
C.Giffen good, income elasticity of -1.00
D.Normal necessity, income elasticity of +0.50
Explanation: Income rises 20% and quantity rises 10%, so income elasticity = 10% / 20% = +0.50. A value between 0 and 1 indicates a normal necessity.
5The cross-price elasticity of demand for good X with respect to the price of good Y is +0.75. What does this indicate?
A.X and Y are substitutes
B.X and Y are complements bought in fixed proportions
C.X and Y are independent, because the value is below 1
D.X and Y are inferior goods, because the sign is positive
Explanation: A positive cross-price elasticity means a higher price of Y raises the quantity demanded of X, as consumers switch from Y to X.
6How does the Hicksian (compensated) demand function differ from the Marshallian (ordinary) demand function?
A.Hicksian demand holds money income constant; Marshallian holds utility constant
B.Hicksian demand holds utility constant, so it shows only the substitution effect
C.Hicksian demand applies only to Giffen goods, and Marshallian only to normal goods
D.Hicksian demand curves slope upward, and Marshallian demand curves slope downward
Explanation: Marshallian demand comes from maximizing utility with fixed money income, so it includes both substitution and income effects. Hicksian demand comes from minimizing expenditure to reach a fixed utility level, so it shows only the substitution effect.
7According to the Slutsky equation, when the price of a normal good rises, how do the substitution and income effects act?
A.The substitution effect reduces consumption, but the income effect raises it and offsets it
B.The substitution effect is zero, and the whole change comes from the income effect
C.Both reduce the quantity demanded
D.The income effect raises consumption because consumers feel richer when prices rise
Explanation: The substitution effect of a price increase is always negative. For a normal good, the fall in real income also reduces consumption, so both effects work in the same direction.
8A regulator raises the price of electricity and wants to measure the welfare loss. Which statement correctly defines compensating variation (CV) and equivalent variation (EV)?
A.CV is the income removed at the initial prices; EV is the income added at the new prices
B.CV uses the original prices, while EV is the area under the Marshallian demand curve
C.CV and EV are always equal, whatever the consumer's utility function
D.CV: income at new prices to restore old utility; EV: income removed at old prices
Explanation: CV = e(p1, u0) - e(p1, u1): the money that, at the new prices, would leave the consumer as well off as before. EV = e(p0, u0) - e(p0, u1): the money that, taken away at the old prices, would hurt the consumer as much as the price rise.
9A consumer lives for two periods and maximizes U = ln(C1) + β ln(C2). The real interest rate is r. What condition characterizes optimal consumption?
A.C2 / C1 = β(1 + r)
B.C2 / C1 = (1 + r) / β
C.C1 + C2 = β(1 + r)
D.C1 / C2 = β(1 + r)
Explanation: The Euler equation is MU(C1) = β(1 + r) MU(C2). With log utility, 1/C1 = β(1 + r)/C2, so C2/C1 = β(1 + r).
10What does the Weak Axiom of Revealed Preference (WARP) require?
A.The consumer always chooses the bundle with the lowest total outlay
B.If A is chosen when B is affordable, B is never chosen when A is affordable
C.Indifference curves must be linear, with constant marginal rates of substitution
D.The consumer must buy the same bundle whatever prices and income are
Explanation: If A is revealed preferred to B, then B can never be revealed preferred to A. WARP is a consistency requirement on observed choices.

About the EGEL Plus Economía Exam

Independent EGEL Plus Economía practice by OpenExamPrep. The official Ceneval examination is in Spanish and has 205 items, mostly three-option multiple choice: 145 disciplinary items in Microeconomía, Macroeconomía and Proyectos de inversión, and 60 transversal Lenguaje y Comunicación items. This bank is an English-language study adaptation with four-option multiple-choice questions, not an official translation or format simulation. It covers the three disciplinary areas only; it does not include Lenguaje y Comunicación items. Mexican institutional terms such as INPC, ENOE, CETES and tasa de rendimiento inmediata are kept in Spanish.

Exam sponsor: Centro Nacional de Evaluación para la Educación Superior (Ceneval). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

205 items, mostly three-option multiple choice: 145 disciplinary items (Microeconomía 50, Macroeconomía 50, Proyectos de inversión 45) and 60 transversal items in Comprensión Lectora and Redacción Indirecta.

Time Limit

Two sessions of 4.5 hours each on the same day (9 hours in total)

Passing Score

Each area and each section is reported on the Índice Ceneval (700-1300): 700-999 Aún no satisfactorio, 1000-1149 Satisfactorio, 1150-1300 Sobresaliente. The global result is weighted toward the disciplinary section: Satisfactorio or better there earns at least a Testimonio de Desempeño Satisfactorio, and a Testimonio de Desempeño Sobresaliente requires Sobresaliente in the disciplinary section and at least Satisfactorio in Lenguaje y Comunicación

Exam / Certification Fees

MXN 1,885 for the 2026 national Examen desde casa; institutional administrations may charge a different amount

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Official sources

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

50 of 145 disciplinary items

Microeconomía

Consumer and producer theory (24) and market analysis (26), including market structures, game theory, public goods, asymmetric information and externalities

50 of 145 disciplinary items

Macroeconomía

National accounts (21), short-run macroeconomic models (17) and long-run models (12)

45 of 145 disciplinary items

Proyectos de inversión

Accounting fundamentals (10), time value of money (12), public investment (10) and private investment (13)

60 of 205 total items

Lenguaje y Comunicación

Reading comprehension (30 items) and indirect writing (30 items), common to all EGEL Plus exams; not covered by this practice bank

Preparing for the EGEL Plus Economía Exam

What You Need to Know

  • Passing score: Each area and each section is reported on the Índice Ceneval (700-1300): 700-999 Aún no satisfactorio, 1000-1149 Satisfactorio, 1150-1300 Sobresaliente. The global result is weighted toward the disciplinary section: Satisfactorio or better there earns at least a Testimonio de Desempeño Satisfactorio, and a Testimonio de Desempeño Sobresaliente requires Sobresaliente in the disciplinary section and at least Satisfactorio in Lenguaje y Comunicación
  • Assessment: 205 items, mostly three-option multiple choice: 145 disciplinary items (Microeconomía 50, Macroeconomía 50, Proyectos de inversión 45) and 60 transversal items in Comprensión Lectora and Redacción Indirecta.
  • Time limit: Two sessions of 4.5 hours each on the same day (9 hours in total)
  • Exam / certification fees: MXN 1,885 for the 2026 national Examen desde casa; institutional administrations may charge a different amount Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

EGEL Plus Economía: Suggested Study Strategy

1Practice the standard micro calculations: Cobb-Douglas demands, elasticities, cost minimization, monopoly and Cournot equilibria, and Pigouvian taxes.
2Contabilidad nacional carries the most macro items: master GDP identities, deflators and price indices, input-output technical coefficients and multipliers, the balance of payments and the ENOE labor indicators.
3Review IS-LM and Mundell-Fleming under fixed and floating exchange rates, the money multiplier, and the Solow, Ramsey and Romer growth models.
4For Proyectos de inversión, drill present value, annuities, effective rates, bond and share valuation, and the SHCP public-project indicators (NPV, IRR, TRI), plus social prices and transfers.
5Learn to read regression output: R², t statistics, and log-level versus log-log coefficients.

Frequently Asked Questions

What is the EGEL Plus Economía?

The EGEL Plus Economía (EGEL Plus ECONO) is Ceneval's national exit examination for graduates of the Licenciatura en Economía and related programs. It measures microeconomics, macroeconomics and investment project evaluation, plus Spanish reading comprehension and indirect writing. Institutions may use the result as a graduation requirement, a titulación option or part of a course grade, under their own rules.

How many questions are on the official EGEL Plus ECONO and how long is it?

The official exam has 205 items: 145 disciplinary items (Microeconomía 50, Macroeconomía 50, Proyectos de inversión 45) and 60 Lenguaje y Comunicación items. It is given on one day in two sessions of 4.5 hours each (9 hours). About 15% of the items are pilot items that do not count toward the result.

Is the EGEL Plus ECONO given on paper?

No. The current guide lists two modes only: online at the institution's site and remotely through Ceneval's Examen desde casa platform. A non-programmable scientific calculator is allowed and may not be lent between candidates.

Does the EGEL Plus ECONO include econometrics?

Not as a separate area. The official descriptors for Proyectos de inversión ask candidates to interpret the coefficients of an econometric model, so this bank includes a few items on R², t statistics and log-log elasticities within that area.

Why is this practice bank in English if the official exam is in Spanish?

The official Ceneval exam is in Spanish. This bank is an independent English-language study adaptation with four-option questions, not an official translation or format simulation. Mexican statistical and policy terms are kept in Spanish so they match your sources. The bank covers the disciplinary areas only.