Disclosed are a method for transmitting and receiving a signal according to a time division duplex mode by using the setting of multiple subframes for one cell in a wireless access system, and an apparatus for supporting the same. According to one embodiment of the present invention, a method for transmitting and receiving a signal of a base station using a time division duplex (TDD) mode in a wireless access system may comprise the steps of: determining the setting of a first subframe allocated to a first terminal and the setting of a second subframe allocated to a second terminal, among the setting of multiple subframes operating at one carrier frequency; transmitting information indicating the first terminal and the second terminal, respectively; and receiving a signal from the first terminal according to the first subframe setting while transmitting a signal to the second terminal according to the second subframe setting.