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Updated: Sep 19, 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 Format:Multiple-choice questions, Single-best-answer format
Available Languages:English
Related Certifications:Master of Business Administration (MBA)
Bachelor of Science in Business Administration
Certificate Validity Period:Valid as long as enrolled; no expiration once completed
Exam Price:Included in tuition; no separate exam fee
Passing Score:65%
Real Exam Qty:50–60
Exam Duration:90 minutes
Recommended Training:Global Economics for Managers Study Guide
WGU Course Materials & Learning Resources
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
Foreign Direct Investment and Global Strategy20%- Global Business Strategy
  • 1. Porter's Diamond model
  • 2. Strategic positions: Defender, Extender, Contender, Dodger
- Foreign Direct Investment (FDI)
  • 1. Location advantages and entry modes
  • 2. Theories of FDI, costs and benefits
Global Finance and Monetary Systems25%- Foreign Exchange Markets
  • 1. Hedging and risk management
  • 2. Exchange rate determination, currency regimes
- Balance of Payments and International Monetary System
  • 1. Fixed vs floating exchange rates, IMF, World Bank
  • 2. Current account, capital account, official reserves
Macroeconomics for Managers10%- Economic Indicators and Policies
  • 1. GDP, inflation, unemployment, business cycles
  • 2. Fiscal and monetary policy impacts
Foundations of Global Economics20%- Views on Globalization
  • 1. Drivers and consequences of globalization
  • 2. New view, Evolutionary view, Pendulum view
- Economic Systems and Institutions
  • 1. Market, command, and mixed economies
  • 2. Political, legal, and cultural frameworks
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. Absolute advantage, Comparative advantage
  • 2. Heckscher-Ohlin, Product life-cycle, Strategic trade theory

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

Question #1

Which statement describes one of the three views of globalization?

  • A. Globalization is a new force sweeping through the world in recent times.
  • B. Globalization is a long-awaited solution to worldwide problems.
  • C. Globalization is an invested agreement to prevent international wars.
  • D. Globalization is a threat to product quality and technological innovation.
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Correct Answer: A  🗳️

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Question #2

Which methods does the Federal Reserve use to alter reserve quantities? Choose three answers.

  • A. Selling stock shares
  • B. Raising income tax rates
  • C. Buying bonds
  • D. Raising inflation
  • E. Selling bonds
  • F. Raising the discount rate
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Correct Answer: C,E,F  🗳️

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Question #3

Which system has elements of a market economy and a command economy?

  • A. Mixed economy
  • B. Compromise economy
  • C. Market-command economy
  • D. Fair economy
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Correct Answer: A  🗳️

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Question #4

Which good tends to have elastic demand?

  • A. A good with many complements
  • B. A good that is tangible
  • C. A good with close substitutes
  • D. A good with few complements
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Correct Answer: C  🗳️

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Question #5

Which characteristic is attributed to totalitarianism?

  • A. It delegates absolute political control over the population to one person or party.
  • B. It contains some political risk, but risk that is qualitatively lower than in other political systems.
  • C. It prizes an individual ' s right to freedom of expression and organization.
  • D. It gives citizens the right to elect representatives to govern on their behalf.
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Correct Answer: A  🗳️

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