Algol (beta Per) is a very well-known eclipsing close binary system wh
ich was discovered by Goodricke in 1782. Algol has been an intensively
studied object ever since, and it has been detected over a very broad
range of wavelengths from radio to X-ray. From observations, orbital
and physical parameters for Algol have been determined moderately accu
rately. However, there does not exist an exact evolutionary model whic
h, starting from some initial conditions (period, mass ratio, primary
mass), reproduces the present parameters of the system. In this paper,
we therefore examine the evolutionary status of beta Per (Algol). We
discuss the system from a non-conservative point of view, concerning m
ass transfer, and consider mass and angular momentum losses from the s
ystem via a stellar wind. We compare the C abundance determination fro
m theoretical models with values known from observational analysis, an
d construct a theoretical model which agrees reasonably well with the
observed one. The computed parameters lie well inside the observationa
l error. During evolution, beta per loses about 15 per cent of its ini
tial total mass (DELTAM approximately 0.81 M.) and 30 per cent of its
initial total angular momentum.