- •Part II. Finance Unit 1 a country's economy
- •I. Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Complete each sentence with the correct form of the word.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Africa's Strong Growth
- •VI. Answer the following questions:
- •I. Listen to the recording and fill in the data on the economy of Aland and Beland.
- •VII. Match the words from the text with their definitions.
- •VIII. Fill in the gaps with words or word-combinations from the list.
- •II. Listen to the recording one more time and answer the following questions.
- •I. Using information of International Financial Programme, summarise the situation in Brazil.
- •II. Translate the following article into English: Япония: как обуздать дефляцию?
- •Unit 2 Mergers and takeovers
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Merger Mania As Telecoms Goes Multimedia
- •III. Match the words from the text with their definitions.
- •IV. Find in the text English equivalents to the following words and create your own sentences using them:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Novoship Agrees To Merge Limit, As Russian Ship Monopoly Vetoed
- •VI. According to the text, are the following statements true or false?
- •I. Speak out:
- •II. Read the following information and discuss the questions that follow.
- •Unit 3 The Consumer Society
- •Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. Find the sentences in the text that prove the following statements and comment on them:
- •IV. Circle the most appropriate synonym according to the contextual meaning of the word:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The pr Industry Today
- •VI. Answer the following questions:
- •Fill in the table with the suitable words and expressions to describe all possible pros and cons for each mean of Mass Media:
- •Match the words with their definitions.
- •Unit 4 Commodity markets
- •Read the following text and be ready to summarise the main idea. Text 1. China Effect Convulses Commodity Markets
- •II. Answer the following questions:
- •III. Complete the following lines with the words from the text:
- •IV. Match the words from the text with their definitions.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Gold Market
- •VI. According to the text, are the following statements true or false?
- •VII. Read text II attentively and finish the statements choosing the best variant.
- •VIII. Find words and phrases in text II corresponding to the following definitions
- •I. Listen to the text and write a short review on Kuala Lumpur trading in palm oil.
- •II. Listen to the recording and write down information about:
- •1. Using information from the recording write a short report for your imaginary client dealing with tea export.
- •2. Don't forget to give a title to your report, briefly summarise the information and give your recommendations in the end. Unit 5 Company finance
- •I. Read the following text and comment on the six effective cost-control strategies outlined in it. Text 1. Do-It-Yourself Growth Capital
- •II. Answer the following questions:
- •III. Rewrite the sentences using the words and word-combinations from the text instead of the underlined ones.
- •IV. Fill in the gaps with the words or word-combinations from the list.
- •V. Read the text and point out the main ideas which are discussed in it.
- •VI. Answer the following questions.
- •VII. Give definitions to the words from the text. Make up your own sentences using them.
- •VIII. Circle the most appropriate synonym to the word according to its contextual meaning.
- •I. Speak out:
- •Unit 6 Bankruptcy and receivership
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Micky McDonald Ran Westbeach For Five Years. Then It Went Bankrupt.
- •II. Choose the best variant:
- •III. According to the text, are the following statements true or false?
- •IV. Find the words in the text referring to the given definitions:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Lawsuit Bursts Balloon Of Party-goods Chain
- •Unit 7 Stocks, shares and investment
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text I. Apple Pie Stock Options
- •I1. According to the text, are the following statements true or false?
- •III. Match the words from the text with their definitions.
- •IV. Find English equivalents in the text to the word-combinations that follow:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Sound Investing During Market Volatility
- •VI. Answer the following questions:
- •VII. Match the words from the text with their definitions.
- •VIII. Continue the list of synonyms with the words from the text:
- •II. Listen again and answer the following questions:
- •Unit 8 Exchange and interest rates
- •Read the following text and be ready to summarise the main idea. Text 1. Forces Behind Exchange Rates
- •I1. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Give definitions to the words from the text according to their contextual meaning:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The Dollar's Decline Accelerates
- •VI. According to the text, are the following statements true or false?
- •Vi1. Find the words in the text referring to the following definitions:
- •VIII. Fill in the gaps with the words or word-combinations from the list:
VI. Answer the following questions:
Is diversification a tool designed to reduce risk?
We do not diversify in order to maximize reward, rather we diversify in order to reduce risk and portfolio volatility, do we?
Should we carry around a great deal of anxiety about the daily ups and downs of the market if the portfolio is properly diversified?
Is asset allocation and diversification best done by calendar rather than by reactivity to market conditions?
What is one of the best ways to build wealth?
Do emotions and group psychology rule the ups and downs of the markets in a short time horizon?
VII. Match the words from the text with their definitions.
1) volatile |
a) anything valuable or useful |
2) diversification |
b) a performer |
3) scare |
c) liable to sudden, unpredictable, or explosive change |
4) asset |
d) anything resembling a trap or prison |
5) sound |
e) to have a depressing effect on; dispirit; dishearten |
6) executant |
f) the practice of varying products, operations, etc., in order to spread risk, expand, exploit spare capacity |
7) trap |
g) concerned with, or having a reactance |
8) deject |
h) a system of dividing overhead expenses between the various departments of a business |
9) reactive |
i) to fill or be filled with fear or alarm |
10) allocation |
j ) financially safe or stable |
VIII. Continue the list of synonyms with the words from the text:
preserve, keep, retain, continue,…
be inclined, lean, be apt, prefer,…
infrequent, scarce, occasional, limited,…
vary, modify, alter, branch out,…
concern, apprehension, , fear, agitation,…
trick, ploy, snare, set-up,…
tactic, method, strategy, technique,…
responsiveness, sensitiveness, susceptibility, vulnerability,…
Listening
Listen to the recording. You'll hear Dominique Harold answering the questions concerning British Telecom’s privatisation. Listen to his replies and then give your personal point of view concerning the problem
II. Listen again and answer the following questions:
What is the necessity of the privatisation?
How profitable does the process promise to be?
Speaking
Speak out:
a) Discuss the following questions with your partner(s).
1. What are the advantages and disadvantages of stocks and bonds as a form of investment?
2. What opportunities do control stocks give to their holders? Who can become holders of control stocks in our country?
3. What do you think are the reasons why individuals choose to invest their money in government securities?
4. Do you share the point of view that municipal bonds are the most reliable ones? Give your reasons.
5. What are the risk factors of investing?
6. What branches of our industry need investing?
b) Read the following description of the situation with financial instruments and suggest your own solution to this problem:
Having invested 1 000 000 rub. into one of the mutual funds, a client started receiving regular monthly profit till the situation on the stock market worsened. The price of assets decreased significantly and the client tried to save the rest of his assets. How do you think can buying of bonds and diversification of portfolio improve the situation or more radical means are essential?
Writing
Your friend has $500.000 capital he wants to invest. He asked you to go to a brokerage firm and have a full interview with him. Ask every question you can. Think about the firm's experience and procedures, the individual broker's experience and the ability of both of them to meet your needs, preferences and objectives, references and reputation on the market. Write a letter summarising the results of your interview.