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Updated: Aug 09, 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:Master of Business Administration (MBA)
Bachelor of Science in Business Administration
Exam Price:Included in tuition; no separate exam fee
Exam Duration:90 minutes
Exam Format:Multiple-choice questions, Single-best-answer format
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: 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 2: 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 3: 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
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: Macroeconomics for Managers10%- Economic Indicators and Policies
  • 1. Fiscal and monetary policy impacts
  • 2. GDP, inflation, unemployment, business cycles

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

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.


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


3. Which goods have a positive cross-price elasticity?

A) Complements
B) Shortage goods
C) Substitutes
D) Normal goods


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


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


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A
Question # 3
Answer: C
Question # 4
Answer: B
Question # 5
Answer: D

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