- •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
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
scarcity |
something that has already been produced |
to commit |
to make someone pleased |
to satisfy |
lack or absence of something |
output |
to put into trust or charge |
4. Fill in the gaps
1.Economists tend to……. this kind of value judgment which tries to specify how much people ought to …… . 2. There is a limit to a country's productive capacity because the available ……..of land, factories, machines, labour and other economic resources is limited. 3. The resources available to satisfy our wants, are, at any time, limited in ….. . 4. It is not possible to define 'need' in terms of any particular quantity of a …….. , because this would imply that a certain level of consumption is 'right' for an individual.
5. Join the sentence halves below
1.Different methods of production can be distinguished from one another
|
a. but the problems are common in all societies.
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2.The methods of solving them will be different from one society to another |
b. on the methods of production to be adopted.
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3.A community must make decisions |
c. by the differences in the quantities of resources used in producing them |
4.The first and major function of any economic system is |
d. among the members of the community. |
5.The total output has to be shared out |
e. to determine in some way the actual quantities and varieties of goods and services which will best meet the wants of its citizens.
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Speaking
1.Role – play.
Student A
You are a teacher of Economics who is going to value the knowledge of students on the topic “Economic problem” at the exam. Act as if you are at the exam.
Student B
You are a student of the Economics faculty taking the exam. Act as if you are trying to answer the teacher`s questions properly.
2. Draw a diagram indicating the three basic problems of economics and try to speak about each one in 4 or 5 sentences.
Prepare a 5 minute report on the topic «The Economic Problem»
Chapter 2. Economic system Section 1. The Role of the Market Key vocabulary
1. Read the following words
remote, decision, resources, labour, scarce, steak, favour, satisfy, executives, conversely, hamburger
Read and translate the following groups of words
bring together, local fruit stall, meet physically, to be transacted over, shorthand expression, scarce resources, limited resources, to satisfy one`s appetite, expense accounts, adjustments in prices
Remember the words bellow
stock market – фондовый рынок
to transact – осуществлять сделку
consumption – потребление
alternative goods – альтернативные товары
reconcile – применяться, согласовываться
adjustment - регулирование
to ensure – гарантировать, обеспечивать
counter – прилавок
luxury lunches – роскошный обед
cattle – рогатый скот
to contract – зд. подхватывать (о болезни)
4. Define the part of speech of the following words
conversely, owner, allocate, unskilled, running, scarcity
5. Make nouns of these verbs
transact, control, reconcile, adjust, produce, pay, encourage
Text
1. Listen, read and translate the text