Purchase WGU : Global-Economics-for-Managers Exam Materials and then pass exam easily
Updated: Aug 14, 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 |
| Certificate Validity Period: | N/A |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Scenario-Based |
| Related Certifications: | Master of Business Administration (MBA) |
| Exam Price: | Included in tuition |
| 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 |
|---|---|
| Topic 1: Key Topics Across All Competencies | - Elastic vs. Inelastic Goods - Global Business Strategies and Porter's Framework - Currency Appreciation and Depreciation - International Trade Policies (Tariffs, Quotas) - Supply and Demand Shifts - Foreign Direct Investment (FDI) Impacts |
| Topic 2: 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) |
| Topic 3: Competency 2: Political and Economic Forces | - Property Rights and the Rule of Law - Market Economy vs. Command Economy |
| Topic 4: Competency 1: International Trade and Currency Exchange | - Introduction to International Trade Theories - Impact of Interest Rates on Financial Flows and Exchange Rates - Currency Exchange Rate Determination |
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
1. An import tariff is implemented on furniture. What is the effect on consumer surplus for furniture?
A) It increases.
B) It changes depending on market conditions.
C) It does not change.
D) It decreases.
2. Which statement about consumer surplus is true?
A) It measures total production efficiency
B) It represents government revenue
C) It is a good measure of economic well-being if policymakers want to satisfy buyers' preferences
D) It measures the well-being of sellers
3. Which protection of intellectual property is used for the design of a logo?
A) Patent
B) Trademark
C) Copyright
D) Trade secret
4. Which statements concerning property rights are true? (Choose TWO.)
A) Securing property rights results in industries that employ little fixed capital and avoid long-term investment.
B) Protection of property rights is commonly recognized as a major factor in allowing developing countries to make gains toward economic progress.
C) Insecure property rights bode well in global competition where firms benefit from economies of scale and sustained R & D.
D) Developing countries can achieve economic growth even without securing property rights.
E) The primary purpose of establishing property rights is to provide economic benefit to society as a whole.
F) Property rights are the legal rights regarding the use of an economic resource and for deriving income and benefits from it.
5. What are characteristics of monopolistic competition? (Choose THREE.)
A) Free entry and exit
B) One seller
C) Homogeneous products
D) Many sellers
E) Product differentiation
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: B,F | Question # 5 Answer: A,D,E |
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