Exam Code: Global-Economics-for-Managers
Exam Name: WGU Global Economics for Managers (C211, UZC2)
Certification Provider: WGU
Corresponding Certification: Courses and Certificates
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WGU Global-Economics-for-Managers Exam Syllabus Topics:

SectionObjectives
Macroeconomic Environment- Fiscal and monetary policy
- GDP, inflation, and unemployment
Managerial Economic Decision-Making- Risk and uncertainty in global markets
- Cost-benefit analysis in business contexts
Global Economics- International trade and comparative advantage
- Exchange rates and currency systems
- Global economic institutions and trade policy
Microeconomics for Managers- Market structures and competition
- Elasticity and pricing decisions
- Supply and demand analysis
Foundations of Economics- Scarcity, opportunity cost, and economic reasoning
- Market systems and economic models

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

What happens when the Federal Reserve increases the money supply?

  • A. The aggregate supply curve shifts to the right
  • B. The aggregate demand curve shifts to the left
  • C. The aggregate demand curve shifts to the right
  • D. The aggregate supply curve shifts to the left
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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The marginal revenue from producing a smartphone is $200, and the marginal cost is $150. What is the best action for the firm?

  • A. Pause production
  • B. Increase production
  • C. Exit the market altogether
  • D. Decrease production
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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What is one of the three primary types of foreign exchange transactions?

  • A. Straddles
  • B. Hedges
  • C. Forward transactions
  • D. Balanced transactions
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Which statement is true for a monopoly firm, but not for a competitive firm?

  • A. The firm is a price taker.
  • B. Economic profit is zero in the long run.
  • C. The marginal revenue is less than its price.
  • D. The marginal revenue equals the price.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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When is it best for a firm to increase production?

  • A. When marginal cost exceeds marginal revenue
  • B. When average cost is minimized
  • C. When total revenue is maximized
  • D. When marginal revenue is greater than marginal cost
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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