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Updated: Sep 28, 2026

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WGU Global-Economics-for-Managers Exam Overview:

Certification Vendor:Western Governors University (WGU)
Exam Name:Global Economics for Managers Objective Assessment
Exam Number:C211, UZC2, Global-Economics-for-Managers
Available Languages:English
Related Certifications:Bachelor of Science in Business Administration
Master of Business Administration (MBA)
Exam Price:Included in tuition; no separate exam fee
Exam Duration:90 minutes
Exam Format:Single-best-answer format, Multiple-choice questions
Certificate Validity Period:Valid as long as enrolled; no expiration once completed
Real Exam Qty:50–60
Passing Score:65%
Recommended Training:WGU Course Materials & Learning Resources
Global Economics for Managers Study Guide
Exam Registration:WGU Student Portal
Sample Questions:WGU Global-Economics-for-Managers Sample Questions
Exam Way:Online proctored exam; taken remotely via WGU's testing platform
Pre Condition:No prior courses required; open to all WGU business students
Official Syllabus URL:https://www.wgu.edu/online-business-degrees/c211-global-economics-for-managers.html

WGU Global-Economics-for-Managers Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Global Finance and Monetary Systems25%- Balance of Payments and International Monetary System
  • 1. Fixed vs floating exchange rates, IMF, World Bank
  • 2. Current account, capital account, official reserves
- Foreign Exchange Markets
  • 1. Hedging and risk management
  • 2. Exchange rate determination, currency regimes
Topic 2: Macroeconomics for Managers10%- Economic Indicators and Policies
  • 1. Fiscal and monetary policy impacts
  • 2. GDP, inflation, unemployment, business cycles
Topic 3: Foreign Direct Investment and Global Strategy20%- Foreign Direct Investment (FDI)
  • 1. Location advantages and entry modes
  • 2. Theories of FDI, costs and benefits
- Global Business Strategy
  • 1. Porter's Diamond model
  • 2. Strategic positions: Defender, Extender, Contender, Dodger
Topic 4: Foundations of Global Economics20%- Economic Systems and Institutions
  • 1. Political, legal, and cultural frameworks
  • 2. Market, command, and mixed economies
- Views on Globalization
  • 1. Drivers and consequences of globalization
  • 2. New view, Evolutionary view, Pendulum view
Topic 5: International Trade Theory and Policy25%- Trade Policies and Barriers
  • 1. Economic integration: EU, USMCA, ASEAN
  • 2. Tariffs, quotas, subsidies, embargoes
- Classical and Modern Trade Theories
  • 1. Heckscher-Ohlin, Product life-cycle, Strategic trade theory
  • 2. Absolute advantage, Comparative advantage

WGU Global Economics for Managers (C211, UZC2) Sample Questions:

Question #1

When the Federal Reserve decreases the money supply, what is the result?

  • A. The efficiency of market corrections is reduced.
  • B. The quantity of goods and services demanded for any given price decreases.
  • C. The quantity of goods and services demanded for one specific price increases.
  • D. The aggregate demand for imports increases.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

In which mode of entry do companies build new factories and offices from scratch?

  • A. Greenfield operations
  • B. Direct exports
  • C. Joint ventures
  • D. Co-marketing operations
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #3

Which goods have a positive cross-price elasticity?

  • A. Complements
  • B. Shortage goods
  • C. Substitutes
  • D. Normal goods
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Correct Answer: C  🗳️

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Question #4

Costs that do not vary with output quantity divided by the quantity of output is best described by which term?

  • A. Marginal cost
  • B. Average fixed cost
  • C. Average variable cost
  • D. Total cost
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

Which good tends to have elastic demand?

  • A. A good with few complements
  • B. A good with many complements
  • C. A good that is tangible
  • D. A good with close substitutes
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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