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WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Managerial Economic Decision-Making | - Cost-benefit analysis in business contexts - Risk and uncertainty in global markets |
| Microeconomics for Managers | - Supply and demand analysis - Market structures and competition - Elasticity and pricing decisions |
| Macroeconomic Environment | - GDP, inflation, and unemployment - Fiscal and monetary policy |
| Foundations of Economics | - Market systems and economic models - Scarcity, opportunity cost, and economic reasoning |
| Global Economics | - Exchange rates and currency systems - Global economic institutions and trade policy - International trade and comparative advantage |
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
1. What is a tariff levied on imports that are selling below cost in order to unfairly drive domestic firms out of business?
A) Opportunity cost
B) Antidumping duty
C) Deadweight cost
D) Factor endowment
2. In order to increase the money supply, what does the Federal Reserve do?
A) Buys government bonds from the public
B) Sells government bonds to the public
C) Increases reserve requirements
D) Raises the federal funds rate
3. In which mode of entry do companies build new factories and offices from scratch?
A) Direct exports
B) Greenfield operations
C) Co-marketing operations
D) Joint ventures
4. What is deadweight cost?
A) A net loss that occurs in an economy as a result of tariffs
B) A government payment to a domestic firm
C) The lost potential from pursuing one activity at the expense of another, given the alternatives
D) A tariff levied on imports that are selling below cost in order to unfairly drive domestic firms out of business
5. When producing a piece of luggage, the marginal cost is $92 and the marginal revenue is $81. What is the best action for the firm?
A) Increase production
B) Restart production
C) Enter the market
D) Decrease production
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |




