- •Section 1. Individual and society Key vocabulary
- •1. Read the following words
- •2. Read and translate the groups of words given
- •3. Remember the words given
- •1. Make up sentences using the following words
- •2. Fill in the blanks with prepositions
- •3. Fill in the gaps with the verbs given in brackets
- •4. Response on the following
- •5. Make up questions to the following sentences.
- •Speaking
- •1. Work in pairs. Discuss the underlying problem of Economics.
- •2. In groups, define why a high standard of living is impossible without a cooperation of large numbers of people. Section 2. Scarcity and choice Key vocabulary
- •1. Learn the following words and word combinations by heart
- •Read and translate the groups of words give
- •1. Listen, read and translate the text
- •1. Define the main idea of each passage in the text
- •2. Scan the text again and define the three basic choices to be made.
- •3. Match the words from the text with corresponding definitions
- •4. Fill in the gaps
- •5. Join the sentence halves below
- •Chapter 2. Economic system Section 1. The Role of the Market Key vocabulary
- •1. Read the following words
- •The role of the market
- •5. Fill in the blanks with the correct forms of the verbs given in brackets
- •Section 2. The Command Economy, the Free Market Economy and the mixed economy
- •Translate and remember the following word combinations
- •Find the English equivalents to the following word expressions
- •1. Listen, read and translate the text the command economy, the free market economy, the mixed economy
- •Read sentences and decide if they are right or wrong according to the text
- •2. Answer the questions
- •Find the Russian equivalents to the following English word combinations
- •1. Listen, read and translate the text
- •Speaking
- •Section 2.What is microeconomics? Key vocabulary
- •2. Find the equivalents to the following word combinations
- •3. Give the English for the following
- •Listen, read and translate the text
- •1. Join the sentence halves below
- •Match the terms and their definitions
- •3. Answer the following questions for general understanding
- •4. Translate into Russian
- •Chapter 4. Demand and supply, and the Market Section 1. The Market Key vocabulary
- •The market
- •1. Answer the following questions for general understanding
- •2. Match the word and the definition
- •3. Translate into Russian
- •5. Look through the text once again and write a summary using the clichés above.
- •1.Read and remember the following words
- •2. Read and translate the groups of words given
- •3. Translate the word combinations given from Russian into English
- •4. Translate the word expressions given and in simple words explain their meanings
- •1. Listen, read and translate the text
- •1. Fill in the blanks with the correct forms of the verbs given in brackets
- •2. Make up questions to the following sentences
- •3. Answer the following questions for general understanding
- •4. Read each statement given and decide which of the following is not true
- •5.Writing a summary is an useful activity to prepare for any oral task such as retelling or discussion. Here are some clichés to compose a summary:
- •6. Look through the text once again and write a summary using the clichés above Speaking
- •2. Work in small groups. Think about examples of storable commodities, decide whether it is necessary in some economies to stock them and present your ideas to the class.
- •3. Make a brief report on the subject: “Demand and supply, and the Market” Chapter 5. Competition Section 1. The Limiting Cases of Market Structure
- •1.Read and remember the following words
- •Match each expression with its meaning
- •3. Read and translate the groups of words given
- •Listen, read and translate the text
- •1. Fill in the blanks with prepositions
- •2. Read each statement given and decide which of the following is not true
- •3. Make up questions to the following sentences
- •4. Answer the following questions
- •Key vocabulary
- •2. Translate the word combinations given from English into Russian
- •3. Make nouns of these verbs
- •1. Listen, read and translate the text
- •1. Match the terms and their definitions
- •Join the halves of the sentences below
- •Make up questions to the following sentences
- •4. Answer the following questions
- •1. Talk to your partner and give one or two examples of a perfectly competitive market where neither buyers nor sellers believe that their own actions affect the market price.
- •2. So you are aware now that each firm in a competitive industry faces a
- •Section 3. Competition in World Markets Key vocabulary
- •1. Make up sentences using the following words
- •2. Fill in the gaps with the verbs given in brackets
- •Speaking
- •Section 4. Oligopoly Key vocabulary
- •2. Guess the meaning of the following word combinations from the text
- •1. Listen, read and translate the text Oligopoly
- •Language practice
2. Fill in the gaps with the verbs given in brackets
1. Changes in domestic markets (cause) by the changes of the conditions in the other countries.
2.Why ( to be ) there a shift in the domestic supply and demand curves when there
(to be) changes in the foreign market?
3.The trade barriers and transport restrictions being not obligatory, international competition (ensure) that prices of the same good in different countries generally (move) together.
3. Answer the following questions
1. Do shifts in foreign supply and demand curves affect domestic markets?
2. When is the price of a commodity in one country dependent of its price in another country?
3. What does the Law of One Price mean?
4. Are there any international differences in the price of a commodity?
Speaking
1. Work in groups of three or four and think of any example of a commodity traded in two neighbour countries and define whether there are any differences in the their prices and what are the reasons of that.
2. Prepare a 2 minutes report on the topic “Competition on the World Market”.
Section 4. Oligopoly Key vocabulary
1.Read and remember the following words
to shed – проливать, распространять,
insight – проницательность; способность проникновения в суть ( into )
constitute – составлять, назначать, учреждать, основывать
smart guess – разумная гипотеза
collusion – сговор, тайное соглашение
explicit – явный, ясный, точный; определенный
implicit – скрытый, подразумеваемый, выраженный неясно, полный;
безусловный
neglect – пренебрегать ( чем-л. ), не заботиться, упускать, не давать
focus on – сосредоточиваться, концентрироваться на
sole decision-maker – лицо, единолично принимающее решение
collude – тайно сговариваться, участвовать в заговоре
tear (tore, torn) – рвать(ся), разрывать(ся)
compete – состязаться, соперничать, конкурировать
rivals – конкуренты
therein – здесь, там, в этом, в том
cartels – картель ( одна из форм объединения промышленных,
коммерческих или политических организаций )
common – общий
agreed – согласованный
outlaw – объявлять незаконным, запрещать
catch ( caught) - ловить, поймать,схватывать
deal – сделка
force up – повышать
collapse – рушиться, терпеть крах
break ranks –зд. нарушать порядок
tend – склоняться, тяготеть, иметь склонность
willingness – готовность
expansion – подъем экономической активности, расширение, развитие,
увеличение
refuse – отвергать, отказывать, отклонять
prop up – подпирать, поддерживать, подкладывать
2. Guess the meaning of the following word combinations from the text
need not worry, shed important insight, smoke-filled rooms, very essence of something, to be so fascinating, recent developments in economics, basic tension, to lie beneath, to be torn between, to agree market shares, large penalties
3. Give English for the following
в условиях совершенной конкуренции, относительно малое число конкурентов,
решение, касающееся предложения, основное противоречие,
подразумевающееся соглашение, возможность проникновение новой фирмы
на рынок, совместная прибыль, общая прибыль, за счет конкурентов,
согласовать доли рынка, неофициальные соглашения, цена на нефть
Text