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Updated: Oct 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 Price: | Included in tuition |
| Related Certifications: | Master of Business Administration (MBA) |
| Exam Format: | Multiple Choice, Scenario-Based |
| Certificate Validity Period: | N/A |
| 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 |
|---|---|
| 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) |
| Competency 1: International Trade and Currency Exchange | - Impact of Interest Rates on Financial Flows and Exchange Rates - Introduction to International Trade Theories - Currency Exchange Rate Determination |
| Competency 2: Political and Economic Forces | - Market Economy vs. Command Economy - Property Rights and the Rule of Law |
| Key Topics Across All Competencies | - Supply and Demand Shifts - Global Business Strategies and Porter's Framework - Foreign Direct Investment (FDI) Impacts - Currency Appreciation and Depreciation - International Trade Policies (Tariffs, Quotas) - Elastic vs. Inelastic Goods |
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
What is one of the two major exchange rate policies?
- A. Fiscal rate
- B. Discount rate
- C. Floating rate
- D. Matched rate
Correct Answer: C 🗳️
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When is it best for a firm to decrease production?
- A. When total revenue is greater than total cost.
- B. When marginal cost is greater than marginal revenue.
- C. When the average variable cost is less than the price of a unit after a short-term stop.
- D. When the price of a unit covers the average variable cost after a short-term stop.
Correct Answer: B 🗳️
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What is the bandwagon effect?
- A. The tendency of prices to return to equilibrium
- B. Government intervention to stabilize markets
- C. The movement of investors in the same direction at the same time
- D. Investors moving independently based on private information
Correct Answer: C 🗳️
Explanation: Only visible for PracticeMaterial members. You can sign-up / login (it's free).
What is one of the three primary strategies that nonfinancial companies use to cope with currency risks?
- A. Strategic hedging
- B. Using foreign dealers for their goods
- C. Reducing currency liabilities
- D. Keeping low inventories
Correct Answer: A 🗳️
Explanation: Only visible for PracticeMaterial members. You can sign-up / login (it's free).
When there is an expectation of lower income in the future, what is the effect on the demand curve for a normal good?
- A. The demand curve shifts left.
- B. The demand curve shifts up.
- C. The demand curve shifts right.
- D. The demand curve shifts down.
Correct Answer: A 🗳️
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