WGU – C211: Global Economics for Managers

Course Structure

This is a one-and-done Objective Assessment (OA) course with no written assignments. It covers macro and microeconomic principles in a global context — and while there are no projects, many students find the OA deceptively tricky due to the conceptual depth.

Assessment Type:

  • 1 Objective Assessment (OA)

Estimated Completion Time: 2–14 days
Credits: 3

Adam's Tips

  • This one was rough — it took me two weeks of solid studying and I still felt unprepared.

  • My biggest mistake? Watching all cohort videos first before filling out the study guide.

  • Do this instead:

    1. Watch one competency’s cohort videos.

    2. Fill out that part of the study guide immediately.

    3. Complete the textbook proficiency quiz for that competency.

  • The pre-assessment isn't a great predictor. Use it to identify weak areas, then move on.

  • The OA wording is confusing. It’s not just definitions — you need to understand concepts like:

    • Elasticity

    • GDP vs. GNP

    • Tariffs, quotas

    • Currency exchange impacts

  • Jacob Clifford’s YouTube channel is your best friend. Look up terms and watch his short explanations.

  • I passed on my first try, but barely. Expect a tough test.

Steps to Complete the Course

1. Understand Core Concepts

Focus Areas:

  • Elasticity of demand and supply

  • GDP vs. GNP and how they're used

  • Foreign Direct Investment (FDI) impacts

  • Market Structures: Monopoly, Oligopoly, Perfect Competition

  • Trade Policies: Tariffs, quotas, embargoes

  • Currency Exchange and business decisions

  • Porter’s Diamond Model and global strategies (Dodger, Defender, Extender, Contender)

2. Gather and Use Study Resources

Essential Materials:

  • V3 Study Guide (fill it out as you go)

  • Pre-Recorded Cohort Videos by Dr. Amy Michele & Dr. Wade Roberts

  • Jacob Clifford YouTube Channel

  • CrashCourse Economics (YouTube)

  • Khan Academy – Economics Section

  • Textbook Proficiency Quizzes (in each chapter)

3. Build a Study Routine

Best Practice Approach:

  1. Watch one competency's cohort video.

  2. Fill out that section of the study guide.

  3. Complete the related proficiency quiz in the textbook.

  4. Repeat for all five competencies.

Optional (but recommended):

  • Use Quizlets for flashcard-style study.

  • Look up StuDocu or Reddit for additional guides.

  • Draw graphs for visual learners — supply/demand, cost curves, etc.

4. Prepare for the Objective Assessment

Topics You Must Know:

  • Supply and Demand Shifts: When to expect prices to rise/fall

  • Elastic vs. Inelastic Goods: Interpretation and impact

  • Currency Appreciation/Depreciation: Winners and losers

  • International Trade Policies: Benefits and drawbacks

  • Perfect Competition vs. Monopoly behavior

  • Global Business Strategies: Applying Porter’s Framework

OA Study Tips:

  • Don’t memorize pre-assessment questions. Focus on understanding the “why.”

  • Practice interpreting economic graphs.

  • Expect trick wording: Questions may contain “EXCEPT,” “NOT,” or “BEST” — read slowly.

Community Tips

  • “The cohort videos are helpful but not enough alone.” Use the textbook quizzes too.

  • “Quizlets and flashcards are key.” Especially for economic terms and models.

  • “The wording of the OA is the hardest part.” Know your concepts cold.

  • “Expect to feel underprepared.” That’s normal. You’re more ready than you think.

Third-Party Resources

Final Notes

  • Course Difficulty: Medium–High (OA-only, but concept-heavy)

  • Most Important Strategy: Fill out the study guide while reviewing videos one competency at a time.

  • Most Common Mistake: Watching all videos first — don’t cram!

  • Prep Time for OA: ~7–10 days is realistic with consistent studying.

Study Guide Source

Compiled from 43 pages of community-sourced feedback, cohort insights, and firsthand experience.

You Got This!

Global Economics is dense — but you’ve faced harder courses. Break it into chunks, use the right tools, and go into the OA with confidence. Don’t let confusing questions shake you. You’re ready.

Disclaimer

This guide was compiled using AI, community tips, and student experiences. Always verify information with official WGU materials and mentors. Course content may change.

If you found this helpful

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I asked ChatGPT to find videos that would match the study guide. I can’t speak to how good this list is. Each bullet point is a link.

Khan Academy videos

Competency 1: Business Decision-Making in the Global Environment

Competency 2: Political and Economic Forces

Competency 3: Economic Decision-Making by Firms and Customers

Competency 4: Microeconomics and Macroeconomic Principles

Competency 5: Assessing Global Economic Performance and International Trade

Jacob Clifford's YouTube videos

Competency 1: Business Decision-Making in the Global Environment

Competency 2: Political and Economic Forces

Competency 3: Economic Decision-Making by Firms and Customers

Competency 4: Microeconomics and Macroeconomic Principles

Competency 5: Assessing Global Economic Performance and International Trade