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100+ Free VWO Economie Practice Questions

Netherlands VWO Economie — Centraal Examen and Schoolexamen practice questions are available now; exam metadata is being verified.

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2026 Statistics

Key Facts: VWO Economie Exam

3 hours

Centraal Examen sitting duration

Examenblad.nl VWO Economie syllabus

Domains D–I

Core CE topics (Markt, Ruilen, Samenwerken, Risico, Welvaart, Conjunctuur)

CvTE Examenprogramma

≥5.5

Standard pass threshold on Dutch 1–10 scale

CvTE regulations

N-term

Score-to-grade scaling factor applied annually

Examenblad.nl

100

English multiple-choice study practice items

OpenExamPrep bank

CvTE

National examining body for Dutch secondary education

CvTE website

CE + SE

Dual assessment structure (National exam + School assessment)

Dutch Secondary Education Act

Graphical Calculator

Approved tool for VWO economics exam sittings

Examenblad aid regulations

Official VWO Economie 2026 is CE (3-hour written exam) plus school SE. These 100 English MCQs provide microeconomic, macroeconomic, and game-theoretic calculation and analytical practice aligned to CvTE VWO economics subdomains.

Sample VWO Economie Practice Questions

Try these sample questions to test your VWO Economie exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1In Dutch VWO Economie, what does the price elasticity of demand (Ev) measure?
A.The absolute change in price per unit change in quantity demanded
B.The percentage change in quantity demanded divided by the percentage change in price
C.The ratio of total consumer spending to total producer revenue
D.The change in marginal cost resulting from a price decrease
Explanation: Price elasticity of demand (Ev) measures responsiveness: Ev = (% change in quantity demanded) / (% change in price).
2A smartphone manufacturer raises prices from €100 to €120 (+20%). As a result, quantity demanded falls from 500 units to 400 units (-20%). What is the price elasticity of demand?
A.-0.5
B.-1.0
C.-2.0
D.+1.0
Explanation: Ev = (% ΔQd) / (% ΔP) = (-20%) / (+20%) = -1.0 (unit elastic demand).
3If cross-price elasticity of demand between Good X and Good Y is +1.5, what is the economic relationship between these two goods?
A.They are complementary goods
B.They are substitute goods
C.They are inferior goods
D.They are completely independent goods
Explanation: A positive cross-price elasticity (Ek > 0) indicates that an increase in the price of Good Y increases demand for Good X, meaning X and Y are substitutes.
4A market has demand equation Qd = 120 − 2P and supply equation Qs = 3P. What is the value of consumer surplus at market equilibrium?
A.€432
B.€864
C.€1,296
D.€2,160
Explanation: Equilibrium: 120 − 2P = 3P → 5P = 120 → P* = €24, Q* = 72. Maximum willingness to pay (where Qd=0) is P = €60. Consumer surplus = 0.5 * (60 − 24) * 72 = 0.5 * 36 * 72 = €1,296.
5Using the same market model (Qd = 120 − 2P and Qs = 3P with P* = €24 and Q* = 72), what is the value of producer surplus?
A.€432
B.€864
C.€1,296
D.€1,728
Explanation: Supply starts at P = 0 (since Qs = 3P). Producer surplus is the area under price P* = 24 above supply curve: PS = 0.5 * (24 − 0) * 72 = €864.
6What is deadweight loss (welvaartsverlies) in market equilibrium theory?
A.The total revenue collected by government from corporate taxes
B.The loss in total surplus resulting from market distortions such as taxes, price caps, or monopoly power
C.The fixed production costs that cannot be recovered by producers in the short run
D.The reduction in consumer income caused by general inflation
Explanation: Deadweight loss represents the uncaptured economic surplus lost to society when market outcome deviates from competitive equilibrium.
7In a market with negative production externalities (e.g. chemical pollution), how does the free market equilibrium quantity compare to the socially optimal quantity?
A.Free market quantity is lower than the socially optimal quantity
B.Free market quantity is higher than the socially optimal quantity
C.Free market quantity is equal to the socially optimal quantity
D.Free market quantity is zero because no firm produces polluting goods
Explanation: Because private marginal costs are lower than social marginal costs (MSC = MPC + MEC), free markets overproduce goods with negative externalities.
8How can government internalise a negative production externality to achieve social optimum?
A.Granting a production subsidy equal to marginal external cost
B.Levying a Pigouvian tax equal to marginal external cost
C.Setting a binding price floor above equilibrium price
D.Abolishing patent protection for polluting firms
Explanation: A Pigouvian tax (heffing) shifts the private supply curve upward by the marginal external cost, aligning private production incentives with social marginal cost.
9A profit-maximising monopolist operates where marginal revenue equals marginal cost (MR = MC). Compared to perfect competition, how does monopoly pricing and output behave?
A.Higher output and lower price
B.Lower output and higher price
C.Higher output and higher price
D.Lower output and lower price
Explanation: Monopolists restrict output (Q_mono < Q_comp) and charge a price above marginal cost (P_mono > P_comp), creating deadweight loss.
10Under perfect competition in the long run, economic profit for individual firms tends towards:
A.Maximum monopoly profit
B.Zero economic profit (P = min ATC)
C.Negative economic profit resulting in immediate bankruptcy for all firms
D.A fixed percentage set by national legislation
Explanation: Free entry and exit drive long-run price down to minimum average total cost (ATC), resulting in zero economic profit (normal return on capital).

About the VWO Economie Practice Questions

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