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Updated: Aug 15, 2026
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| Certification Vendor: | WGU (Western Governors University) |
| Exam Name: | Global Economics for Managers |
| Exam Number: | C211 / UZC2 |
| Exam Format: | Multiple Choice, Scenario-Based |
| Certificate Validity Period: | N/A |
| Available Languages: | English |
| Exam Price: | Included in tuition |
| Related Certifications: | Master of Business Administration (MBA) |
| 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 |
| Section | Objectives |
|---|---|
| Key Topics Across All Competencies | - Currency Appreciation and Depreciation - Global Business Strategies and Porter's Framework - Supply and Demand Shifts - International Trade Policies (Tariffs, Quotas) - Foreign Direct Investment (FDI) Impacts - Elastic vs. Inelastic Goods |
| Competency 3: Economic Decision-Making by Firms and Customers | - Firm Behavior Under Different Market Structures (Perfect Competition, Monopoly, Oligopoly) - Consumer Behavior (Budget Constraint, Indifference Curves) |
| 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 |
1. Which statement about Federal Reserve lending to banks is true?
A) Banks pay the discount rate when borrowing funds from the Fed.
B) Banks set consumer interest rates at the discount rate.
C) Fed lending to banks follows an overall uptrend.
D) The discount rate is changed annually.
2. Which GDP component is affected when a parent pays for a child's college education?
A) Investment
B) Net exports
C) Consumption
D) Government purchases
3. When the Federal Reserve decreases the money supply, what is the result?
A) The quantity of goods and services demanded for any given price decreases.
B) The quantity of goods and services demanded for one specific price increases.
C) The aggregate demand for imports increases.
D) The efficiency of market corrections is reduced.
4. Which term best describes an economic condition in which a nation exports more than it imports?
A) Resource mobility
B) Trade surplus
C) Trade deficit
D) Mercantilism
5. The marginal cost of producing a computer is $600, but the marginal revenue is $1,000. What is the best action for the respective firm?
A) Decrease production
B) Increase production
C) Exit the market
D) Pause production
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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