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Updated: Sep 11, 2026
No. of Questions: 136 Questions & Answers with Testing Engine
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WGU Global-Economics-for-Managers Exam Overview:
| Certification Vendor: | Western Governors University (WGU) |
|---|---|
| Exam Name: | Global Economics for Managers |
| Exam Number: | C211 / UZC2 |
| Available Languages: | English |
| Related Certifications: | MBA Core Curriculum (WGU) |
| Certificate Validity Period: | N/A (course-based assessment within WGU program) |
| Exam Format: | Performance-based assessment (course assignments may also apply depending on term structure), Objective Assessment (proctored multiple-choice exam) |
| Recommended Training: | Khan Academy Economics WGU Course Material (C211 Global Economics for Managers) |
| Exam Registration: | WGU Student Portal |
| Sample Questions: | WGU Global-Economics-for-Managers Sample Questions |
| Exam Way: | Online proctored assessment via WGU testing platform |
| Pre Condition: | Admission into WGU MBA or related business graduate program; completion of program requirements as outlined in degree plan |
| Official Syllabus URL: | https://www.wgu.edu |
WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Foundations of Economics | - Scarcity, opportunity cost, and economic reasoning - Market systems and economic models |
| Microeconomics for Managers | - Market structures and competition - Elasticity and pricing decisions - Supply and demand analysis |
| Macroeconomic Environment | - Fiscal and monetary policy - GDP, inflation, and unemployment |
| Global Economics | - International trade and comparative advantage - Global economic institutions and trade policy - Exchange rates and currency systems |
| Managerial Economic Decision-Making | - Cost-benefit analysis in business contexts - Risk and uncertainty in global markets |
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
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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Costs that do not vary with output quantity divided by the quantity of output is best described by which term?
- A. Average fixed cost
- B. Average variable cost
- C. Total cost
- D. Marginal cost
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Which goods have a positive cross-price elasticity?
- A. Substitutes
- B. Shortage goods
- C. Complements
- D. Normal goods
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Barriers to entry in a market are the main cause of monopolies. Which statement is accurate when the barrier to entry has its source in government regulation?
- A. A key resource required for production is owned by a single firm.
- B. A single firm can supply a good or service to an entire market at a lower cost than two or more firms could.
- C. A single firm has the exclusive legal right to produce some good or service.
- D. Economies of scale allow a firm to create output at a lower cost than other competitors.
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What is deadweight cost?
- A. A tariff levied on imports that are selling below cost in order to unfairly drive domestic firms out of business
- B. A net loss that occurs in an economy as a result of tariffs
- C. The lost potential from pursuing one activity at the expense of another, given the alternatives
- D. A government payment to a domestic firm
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