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Updated: Aug 23, 2026
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WGU Global-Economics-for-Managers Exam Overview:
| Certification Vendor: | WGU (Western Governors University) |
| Exam Name: | Global Economics for Managers |
| Exam Number: | C211 / UZC2 |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Scenario-Based |
| Certificate Validity Period: | N/A |
| Related Certifications: | Master of Business Administration (MBA) |
| Exam Price: | Included in tuition |
| Sample Questions: | WGU Global-Economics-for-Managers Sample Questions |
| Exam Way: | Online Proctored Objective Assessment (OA) |
| Pre Condition: | Enrollment in WGU MBA program |
| Official Syllabus URL: | https://www.wgu.edu/online-business-degrees/mba-masters-business-administration-program.html |
WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Competency 3: Economic Decision-Making by Firms and Customers | - Consumer Behavior (Budget Constraint, Indifference Curves) - Firm Behavior Under Different Market Structures (Perfect Competition, Monopoly, Oligopoly) |
| Topic 2: Key Topics Across All Competencies | - Foreign Direct Investment (FDI) Impacts - Elastic vs. Inelastic Goods - International Trade Policies (Tariffs, Quotas) - Currency Appreciation and Depreciation - Global Business Strategies and Porter's Framework - Supply and Demand Shifts |
| Topic 3: Competency 1: International Trade and Currency Exchange | - Currency Exchange Rate Determination - Impact of Interest Rates on Financial Flows and Exchange Rates - Introduction to International Trade Theories |
| Topic 4: Competency 2: Political and Economic Forces | - Market Economy vs. Command Economy - Property Rights and the Rule of Law |
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
1. What is true about forward transactions?
A) They convert one currency into another at one time with an agreement to revert it back at another time in the future.
B) They allow traders to sell currency holdings at an exchange rate in the past.
C) They allow participants to buy and sell currencies now for future delivery.
D) They are the classic single-shot exchange of one currency for another.
2. What are examples of equity modes of entry? (Choose THREE.)
A) Greenfield investments
B) Franchising
C) Acquisitions
D) Licensing
E) Strategic alliances
3. Which statement best summarizes the overall economic effect of tariffs?
A) They eliminate inefficiencies in global trade
B) They increase total economic surplus
C) They benefit consumers more than producers
D) They transfer surplus from consumers to producers and the government
4. What is a feature of a democracy?
A) It gives citizens the right to elect representatives to govern on their behalf.
B) It delegates absolute political control over the population to one person or party.
C) It often results in higher risk associated with political changes that may negatively impact domestic and foreign firms.
D) It can and often does lead to nationalization, or expropriation, of foreign assets.
5. Which scenario demonstrates a monopoly created by a resource?
A) A new rare jewel is found, and only one mine in the world has it.
B) A bridge is so infrequently used that it has a large fixed cost and negligible marginal cost.
C) A software company copyrights the code for new software.
D) An author copyrights a new book.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,E | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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