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Updated: Sep 17, 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
Exam Duration:90 minutes
Exam Price:Included in tuition; no separate exam fee
Real Exam Qty:50–60
Passing Score:65%
Available Languages:English
Exam Format:Multiple-choice questions, Single-best-answer format
Certificate Validity Period:Valid as long as enrolled; no expiration once completed
Related Certifications:Master of Business Administration (MBA)
Bachelor of Science in Business Administration
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: Macroeconomics for Managers10%- Economic Indicators and Policies
  • 1. GDP, inflation, unemployment, business cycles
  • 2. Fiscal and monetary policy impacts
Topic 2: Foreign Direct Investment and Global Strategy20%- Foreign Direct Investment (FDI)
  • 1. Theories of FDI, costs and benefits
  • 2. Location advantages and entry modes
- Global Business Strategy
  • 1. Porter's Diamond model
  • 2. Strategic positions: Defender, Extender, Contender, Dodger
Topic 3: Foundations of Global Economics20%- Views on Globalization
  • 1. New view, Evolutionary view, Pendulum view
  • 2. Drivers and consequences of globalization
- Economic Systems and Institutions
  • 1. Market, command, and mixed economies
  • 2. Political, legal, and cultural frameworks
Topic 4: 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 5: International Trade Theory and Policy25%- Classical and Modern Trade Theories
  • 1. Heckscher-Ohlin, Product life-cycle, Strategic trade theory
  • 2. Absolute advantage, Comparative advantage
- Trade Policies and Barriers
  • 1. Tariffs, quotas, subsidies, embargoes
  • 2. Economic integration: EU, USMCA, ASEAN

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

Question #1

When demand decreases and supply stays the same, what happens to the equilibrium point of price and quantity? (Choose TWO.)

  • A. Quantity increases
  • B. Price decreases
  • C. Quantity decreases
  • D. Price increases
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

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Question #2

What is one of the elements of the Porter Diamond in the theory of national competitive advantage of industries?

  • A. Firm opportunity costs
  • B. Trade deficits
  • C. Foreign supply markets
  • D. Domestic demand conditions
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

What are common types of barriers to entry that can cause a monopoly? (Choose TWO.)

  • A. A firm purchasing competitors
  • B. Employee unions
  • C. Economies of scale in the production process
  • D. Government regulations prohibiting foreign investment
  • E. Elastic demand curves
  • F. Government regulations granting exclusive production rights
Reveal Solution  Discussion  0

Correct Answer: C,F  🗳️

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Question #4

What is one of the four strategic goals of firms looking for potential locations?

  • A. Scale-seeking
  • B. Competition-seeking
  • C. Market-seeking
  • D. Profit-seeking
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #5

What is a characteristic of common law as compared to civil law?

  • A. Common law is more reliant on precedents from previous judicial decisions.
  • B. Common law relies primarily on comprehensive statutes and codes.
  • C. Common law minimizes the role of judges.
  • D. Common law is based on religious teachings.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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