- •What is economics?
- •Trade n-1) the business of buying and selling goods
- •Income - money received during a given period
- •Hard currency: convertible money
- •The Basic Problem in Economics economics is everywhere
- •Wants, Needs, and Choices
- •Economics & You
- •The Factors of Production
- •Economics & You
- •Capital
- •The Problem of Scarcity
- •Economics & You
- •Entrepreneurship
- •Technology
- •Effect on Income and Wealth
- •Trade-Offs
- •Trade-Offs
- •Economics & You
- •The Cost of Trade-Offs
- •Trade-Offs
- •Considering Opportunity Costs
- •Production Possibilities Curve
- •Economics & You
- •Theory of Consumer Behavior Basics
- •If marginal utility decreases, then total utility decreases
- •Effective management of Household Chores
- •Indefinite to send to be sent
- •Vocabulary
- •Бизнес фразы на английском- полезные слова и выражения на бизнес тематику
- •Value –(n) –ценность, стоимость, оценка, значение, смысл
- •Idioms Coining a phrase (idioms with the word “coin”)
- •Idioms about money and commerce
- •1. Authority
Бизнес фразы на английском- полезные слова и выражения на бизнес тематику
1. Competition – конкуренция 2. Competitor- конкурент 3. Factory assets- фонды предприятия 4. Interest rate- процентная ставка 5. Demand- спрос 6. Goods- товары 7. Growth rate- уровень роста 8. Benefit- доход 9. Invoice- счёт-фактура 10. Enterprise-предприятие 11. Exchange rate- курс обмена валюты 12. Consumer- потребитель 13. Consumer goods- потребительские товары 14. Expand- расширять 15. Fixed capital- основной капитал 16. Flexible- гибкий 17. Flextime- свободный рабочий график 18. Letter of credit- аккредитив 19. Client- клиент 20. Cooperate- сотрудничать 21. Loan agreement- кредитное соглашение 22. Fluctuation – колебание 23. Fluctuate- колебаться 24. Talks, negotiations- переговоры 25. Quality- качество 26. Quantity- количество 27. Sample- образец 28. Bond- облигация 29. Equipment- оборудование 30. Estimate- оценивать 31. Value added tax- налог на добавленную стоимость 32. Income tax- подоходный налог 33. Wholesale- оптовый 34. Retail- розничный 35. Payments- платежи 36. Purchase- покупать 37. Order- заказ 38. Profitable- прибыльный 39. Insurance- страхование 40. Joint venture- совместное предприятие 41. Account handling- работа с клиентами
Полезные фразы (Useful phrases)
1. Our company specializes in producing - Наша компания специализируется на производстве 2. To renegotiate the deal – проводить повторные переговоры 3. To boost growth- поддерживать рост 4. To put business in hold- задерживать развитие бизнеса 5. To reserve the right- оставлять за собой право 6. To fall through the deal- провалить сделку 7. As per agreement/ according to agreement- согласно договору 8. Our company confirms that- наша компания подтверждает, что 9. We are interested in your business proposal- Мы заинтересованы в вашем коммерческом предложении 10. Let`s discuss our business plan- давайте обсудим бизнес план 11. To make an appointment- назначать встречу 12. We have a meeting in 10 minutes- У нас собрание через 10 минут 13. We have to contact them- Мы должны с ними связаться 14. Advertising business- рекламный бизнес 15. We deliver …- мы поставляем… 16. We must improve a quality of our goods- Мы должны улучшить качество наших товаров 17. We are looking forward to …- Мы ждём 18. We are glad to cooperate with you – Мы рады сотрудничать с вами
Shame on you! - ай-ай-ай! Yippee - ура! God forbid! - Боже упаси! gee! - ух ты! you bet - еще как; да, конечно; no way! - ни в коем случае! Phew - фу!, уф! (выражает нетерпение, омерзение, дискомфорт, усталость) Gosh - боже!, чёрт возьми! by gosh! - чёрт возьми! Cheers -1) за ваше здоровье!, будем здоровы! Brilliant - очень хорошо, здорово, отлично, восхитительно! Tut-tut - вот ещё!, ещё чего не хватало You're kidding! - да ладно! dammit! - черт побери! Watch out! - берегись Yuck! - тьфу, ошибся
Популярные английские фразы и выражения с переводом:
Let's go. - Пойдёмте. Me neither. - Я тоже. Me too. - Я тоже. My name is ... - Меня зовут .... Never mind. - Ничего страшного. Next time. - В следующий раз. Nice to meet you. - Приятно познакомиться. No problem. - Нет проблем. No, thank you. - Нет, спасибо. No way. - Ничего не выйдет. Not yet. - Еще нет. Nothing else. - Больше ничего. On the left. - Налево. On the right. - Направо. Over here. - Вот здесь. Over there. - Вот там. Right here. - Прямо здесь. Right there. - Прямо там. Rise and shine! - Подъём! See you later. - До скорого. See you soon. - До скорой встречи. See you tomorrow. - До завтра. Shut up! - Помолчи! Sit down, please. - Садитесь. Stand back. - Отойдите назад. Start the car. - Заводи машину. Step aside. - Отойдите в сторону. Take care. - Береги себя. Cчастливо!
IV.
Read, translate and remember these words and word combinations
MONEY and SHOPPING
Economic (adj) relating to the economy, business and trade:The project will bring great social and economic benefits to the region.
Economical (adj) not spending or costing much money: The material is an economical substitute for plastic or steel.
Receipt (n) a document that you get from someone showing that you have given them money or goods: Keep all your credit card receipts.
Bill (n) a piece of paper that shows how much money you owe after you have eaten in a restaurant: Could we have the bill, please?
Make (n) a product that is made by a particular company: This is a very popular make of car.
Brand (n) a product or group of products that has its own name and its made by one particular company: I tried using a new brand of soap.
Bargain (n) something you buy that costs much less than normal: Her dress was a real bargain.
Sale (n) an event or period of time during which a shop reduces the prices of some of its goods: I’m sure you’ll find the same dress in a sale if you wait a little.
Discount (n) a reduction in the price of something: Air Canada are currently offering a 10% discount on selected airfares.
Offer (n) a special price that is lower than the usual price for something: The shop had a half-price offer on CD’s.
Price (n) the amount of money that you have to pay in order to buy something: Oil was at its lowest price in 30 years.
Cost (n) the amount of money that you need in order to buy something or to do something: The cost of basic foods has risen dramatically.
Change (n) coins rather than notes: Have you got change for a five-pound note?
Cash (n) money in the form of notes and coins: Do you want to pay in cash or by credit card?
Wealth (n) a large amount of money and other valuable things: He was a man of immense wealth.
Fortune (n) a large amount of money: They must have spent a fortune for flowers.
Till (n) a piece of equipment that is used in shops for adding up the amount of money that someone has to pay and for keeping the money in: The shop assistant opened the till and put the money into it.
Checkout (n) the place where you pay in a supermarket or other large shop: You don’t need to weigh the vegetables – they do it at the checkout.
Products (n) things that are made, grown or obtained in large quantities so that they can be sold: Come in and see our large range of software products.
Goods (n) objects that are produced for sale: Wilkins was found in possession of 8000pounds worth of stolen goods.
Refund (v\n) to give money back to someone because they have paid too much for something or have decided that they do not want it\the money that you get back.: Sandra asked the shop to refund her money as the jeans were too small.
Exchange (v) to give someone something in return for something that they give you: If this T-shirt doesn’t fit my sister, can she exchange it for a large one?
Fake (adj) made to look like something real in order to trick people: It turned out to be a fake passport.
Plastic (adj) made of a very common light, strong substance that is produced by a chemical process: I think that we should reuse all our plastic bags to help the environment.
MONEY
Money - coins stamped from metal (gold, copper, alloys), printed notes, given and accepted when buying and selling, etc.
Money in cash – наличные деньги
Money lender – кредитор
Money supply – количество денег в обращении
Money turnover- денежный оборот
Be coining/minting money - be getting rich quickly
Be in the money - (sl) be rich
Make money – earn it
Marry money - marry a rich person
Pay money down = pay in cash/not in credit
Invest money /put money in a business
Ready money = cash money
money-box – closed box into which coins are dropped through a slit, used for savings or for collecting contributions (to charities)
money-lender – one whose business is to lend money at interest
The money market – the body of bankers, financiers, etc. whose operations decide the rates of interest on borrowed capital-рынок краткосрочного ссудного капитала
money supply-количество денег в обращении
Advance money –аванс, задаток
In money terms=in current prices
Managed money - регулируемое денежное обращение
One’s money’s worth = full value for the money one has spent; We enjoyed the film so much that we felt we’d got our money’s worth.
Pocket money – (BrE) – allowance; AmE – money given weekly to a child by his\her parents
To pocket – to take money or something small for one’s own use, esp. dishonestly: He pocketed the money for the children.
Pocket-book – AmE – a woman’s handbag or purse.
V .
Text
Money has various uses in the modern world: it is a measure of the value of goods and services, a means of exchanging such goods and services and a way to store up buying (purchasing) power so that one can use it later. As a measure of value, it is of very greatest use. If I work in an office, how can my employer know what to pay me for my services if there is no generally recognized measure of value? He may decide to pay me a certain number of loaves of bread each week, but then I shall have to exchange some of these loaves for other thins that I need: and how am I to know how many loaves of bread I should give for a pair of shoes or for the rent of my house, for example? Money gives us a very useful means of measuring such relative values.
Money is also of very great use as a means of exchange of goods and services. If, for example, I am a shoe-maker, it will not be at all convenient to me always to have to exchange the shoes I make for other goods or services. A doctor may want to buy a pair of shoes from me, for example, but I may not need medical care, so he will then have to find something else that I want, or look for another shoe-maker who needs him. Without money the tax-collector would come back to his office with an extraordinary collection of objects.
Considered as a means of storing up buying (purchasing) power, money has good and bad points. It can more easily be kept a long time than such things as food, which rots, or buildings, which slowly fall to pieces, or machines, which rust. It takes up very little space, and if you put it in a bank, it is as safe as anything in the world can be.
But modern money has some very serious disadvantages as means of storing up buying power. In the old days, when money was in the form of gold and silver coins, the metal in each was really worth the amount stamped on the coin. But the paper in modern paper money and even the metal in most modern coins are worth very much less than the amount written on them. As a result, the buying power of modern money can change very greatly in a short time.
….It is not surprising, therefore, that some people are doubtful about the wisdom of saving money. [Hilll.A., Fielden R.D. Further Comprehension and Prices Pieces for Overseas Students. P.83].
Answer the questions:
What are the main uses of money?
What can you say about modern money and its disadvantages?
Why is saving money sometimes necessary?
What is the meaning of money to you?
Now read and translate the talking about money and possessions.
Is how much you earn important for your job satisfaction?
What the average wage in your country?
If you had a lot of money, what would you do?
If you had to leave your home in an emergency, what would you try to take with you?
Would you ever lend money or borrow money from someone?
How many jobs do most workers have in your country?
Match these comments with the questions above.
The average wage is equivalent of one hundred to one hundred and fifty dollars a month.
I’d travel – well, first I’d buy my house, a normal one, not an expensive one. And I don’t know about a car because I don’t know how to drive, so I’d think about that, and travel a lot. And then I help my family and my friends.
Especially now, one job isn’t enough. To survive, you have to do two jobs. Right now I’m working with computers and I’m driving; if I’m not driving, I’m helping my sons with the computers.
My brother, my personal papers, my passport, my qualification papers to allow me to work somewhere else.
Most people like to have a good wage, but also the satisfaction of knowing that you’re helping whatever company or whoever you’re working for, if you are a good worker.
Whenever we need some money, or we are short of money, we just ask our family or friends we work with in the office, and we’re willing to help each other that way. We know that when we get paid, we can return the money and we just think of it as normal, and other people just do the same thing too. But I have some foreign friends here and sometimes when they need money and I offer to lend them money, they’re really reluctant to accept that. They aren’t used to borrowing money from other people, but it’s something very common and normal in Vietnam.
I have a vision of helping other people, particularly children who are in school who need education. I think that would be my first priority.
Remember the meaning of these words:
Value: worth, marketable price, estimation (ценность)
Cost: price to be paid for a thing (стоимость)
Price: money for which a thing is bought or sold (цена)
Wage (wages): payment made or received at regular intervals (usually, weekly) for manual or mechanical work or services (зарплата)
Salary: fixed monthly or quarterly payment for regular employment on a yearly basis (жалованье)
Fee: charge or payment for professional advice or services (doctors, lawyers, private teachers) гонорар, вознаграждение).
Currency – a particular type of money used in a state, total amount in circulation
Hard currency – convertible money
Inflation = fall in value of money, increase in amount of paper money circulating; rise in level of prices due to relative increase of purchasing power
Interest rate – a sum paid by the borrow for the use of the sum lent
Monetarism – a financial policy of reducing taxes along with cutting public spending
Could you remember any world’s currencies?
What is the interest rate in the state saving bank of Russia?
Do you know any inflation figures in any developing country of the world?
Phrasal verbs:
Bank on - depend on sth happening
Come across – find sth or meet sb by chance
Come by – get sth, especially sth that is hard to get
Come into – inherit
Do without – live without (sth you can’t afford)
Get by – manage to survive (financially)
Get through – use all of , finish
Give away – give free of charge; reveal sth you are trying to hide
Live on – use as a source of money
Look round – examine (a place)
Make out – write all the necessary information on a cheque, etc.
Make up for – provide sth good, so that sth bad seems less important
Put by – save an amount of money for the future
Save up (for) – save money little by little (for a specific purpose)
Phrases and collocations
Amount - an amount of sth; in large\small amounts; amount to
Charge - charge sb (an amount of money); pay a charge; take charge (of sth doing); in charge of sth doing)
Debt - in debt to sb; get in\into debt; clear a debt; owe sb a debt of gratitude
Demand - in demand; on demand; a demand on sth
Enough - have enough (of sth); have enough sth ( to do); enough is enough
Expense - at sb’s\your expense; go to the expense of; business expense; expense account
Fortune – make\earn\win\spend a fortune; cost (you) a fortune; make your fortune
Increase – an increase in sth (of a certain amount); a wage\price increase
Least – at least; at the very least; last but not least; to say the least
Money – make\earn\win\save\have money; spend money (on sth\doing); short of money; do sth for the money
Notice – notice sb doing\do; take notice of sth; at short notice; give sb notice of
Profit – make a profit (from sth)
Save – save money\time; save sth for later
Shopping – do the shopping; go shopping; shopping centre; window shopping
Word patterns
Afford to do
Argue with sb; argue about sth\doing; argue that
Beg sb (for sth); beg sb to do
Belong to sb\sth
Borrow sth (from sb)
Charge sb (for sth\doing)
Demand sth (from sb); demand that
Forget to do; forget doing; forget about sth\doing; forget if\whether
Lend sth to sb; lend sbsth
Pay sb (for sth\doing); pay sth (to sb)
Profit from sth\doing
Save sb from sth\doing; save sth (for sth\sb)
Spend at (on sth\sb\doing
VI.
Full-fledged – оперившийся, способный летать, skillful - опытный
Full-fledged engineer (specialist, economist) –
To abandon – отказывать
Abandonment
Prepayment - аванс
To get an advance of salary –получить авансом
To obtain an advance of money
To grant an advance- предоставить аванс
Average – авария
Particular average – частичная авария
Slot machine – автомат для продажи
Copyright авторское право
Assets and liabilities – актив и пассив
Privilege – привилегия
Advantage pass – льготный проездной билет
Preferential duties – льготная пошлина
On favourable terms – на льготных условиях
A cut, reduced price –льготная цена
Shareholder - акционер
Leaseholder – арендатор
To let out on lease –сдать в аренду
Take on lease- взять в аренду
Long lease – долговременная аренда
Diseconomy -бесхозяйственность
Domination\supremacy -господство
Merit\demerit –достоинство.недостаток
Commanding administrative system of management
Control: total state control over all and everything
Competition
To commence production
Criterion\ pl. criteria
Diverse\diversity - многообразный
Half-built plant -
Impoverishment - обнищание
Carry out, realize, accomplish - осуществлять
Conception –понятие, представление
Depressed economy – отсталая экономика
Economic policy – экономическая политика
~ growth – экономический рост
To maintain economic growth at 4-5% a year – поддерживать эконо.рост на уровне 4-5%
Economic decision making –принятие экономических решений
Industriousness – предприимчивость, деловитость
System in place –действующая система
Entrepreneurship –предпринимательство
Family-owned- and- operated factories
Hallmark –клеймо, проба
Capital-intensive major enterprises - капиталоемкие промышленные предприятия
Private capital –частный капитал
State-owned corporations –государственные корпорации
Steel mill – металлургический завод
State ownership –государственное владение
To be running at a loss – работать в убыток
State-run enterprises –государственные предприятия
To make provisions – предусматривать, обеспечивать
To compete on the open market – конкурировать на свободном рынке
Free enterprise philosophy –философия свободного предпринимательства
Possession – владение
Consumer’s influence –влияние потребителя
Redeem, redemption - выкуп
Main production unit – основное производственное звено
Proprietor – собственник
Propriety – право собственности
~ in the incomes – собственность на доходы, прибыль
A sense of being a master – чувство хозяина
Labour turnover – текучесть рабочей силы
Two-fold – вдвое, вдвойне
To fade- исчезать
Scarce – недостаточный
Solvent – платежеспособный
Social welfare –социальное обеспечение
Standard of welfare – уровень благосостояния
State assistance to – государственная помощь
Monetary expression –денежное выражение
Addition, supplement –дополнение
Public health -здравоохранение
Free medical care – доступная медицинская помощь
Salary – зарплата служащего
Stated salary – твердый оклад
To draw a fixed ~ быть на твердом окладе
Wage – зарплата рабочих
Minimum ~ минимальная зарплата
Price wages (for output)- сдельная зарплата
Time wages (for time work) – повременная зарплата
Wages fund –фонд зароботной платы
Input – затраты, расход
Labour input-затраты труда
Source – источник
Individual consumption –индивидуальное потребление
Skilled\unskilled labour –квалифицированный\неквалифицированный труд
Quantity of labour (duration & intensity) –количество труда
Quality of labour (skill & production experience) –качество труда
Public service community – коммунальное обслуживание
Output –мощность, выработка
Individual subsidiary farm – личное подсобное хозяйство
Unearned income –нетрудовые доходы
Cash payments –оплата наличными
Public ownership –общенародное достояние
Allowance\benefit – пособие
Minimum of subsistence- прожиточный минимум
“from each according to his abilities, to each according to his work” –от кажд. по способ., каждому по труду
Distribution proportional to the quality and quantity of labour – в зависимости от количества и качества труда
Distribute regardless a person’s labour input –независимо от личных трудовых затрат
Equal pay for equal work – равная оплата за одинаковый труд
Aggregate income –совокупный доход
Well-off – состоятельный
Social insurance –социальное страхование
Social security –социальное обеспечение
Export –вывоз
To export –вывозить
To encompass –окружать, обносить,, заключать в себе, касаться, затрагивать ряд вопросов
Exempt –лицо, пользующееся привилегиями, свободный, беспошлинный, не облагаемый налогом
~ from taxation –изымать, исключать из налогов
VII .
Price, above\beyond, without ~ - бесценный
,at a ~, at any~ - любой ценой, во что бы то ни стало ,
price formation - ценообразование
To be a price leader –диктовать цены ,
price maintenance - установление и поддержание цены
To price; - назначать цену, оценивать
To set at no price-
Price boom –высокий уровень цен
Price current-( list ) - прейскурант
Price cutting- снижение цен
Price level- уровень цен
Price wave –колебание цен
The shortage of oranges kept the prices up
OUTPUT- 1) –продукция, продукт
2)- техническая производительность, мощность, отдача, пропускная способность, емкость (матем.) –итог, результат
CREDIT (n)- доверие, вера, зачет, удостоверение, кредит, долг, сумма (гл.) –записать в приход, правая сторона бухгалтерии
To give ~ to somebody – поверить, хорошая репутация
To allow ~ on ~ -в долг
credit worthiness - кредитоспособность
TO BE IN CHARGE OF SOMETHING быть за старшего, командовать
At his own ~ за свой счет
free of ~ бесплатно
charge(s) – цена, расходы, издержки, налог, обвинение, обязанности
INCREASE TO\BY –вырастать, усиливаться, увеличиваться, прирост
An ~ in pay –прибавка к зарплате
Thanks to - благодаря
Thank you for nothing,- спасибо и на том
You may thank yourself for that -
I’ll thank you to mind your own business – не суйте нос не в свое дело
TO RANK – строиться в шеренгу, в ряд, линию, классифицировать, давать определенную оценку, занимать какое-то место
He ranks high as a lawyer – он видный адвокат
Rank (adj.) –роскошный, жирный, плодородный, прогорклый, отвратительный, циничный, явный, сущий, отъявленный
TO HOLD - держать, содержать, полагать , считать
This room ~ a hundred persons
To ~ smb responsible -считать ответственным
to ~ smb to his promise, - настаивать на выполнении обещания
To ~ to terms - настаивать на соблюдении условий
~ your horses! – не волнуйтесь, будьте сдержанны
How long will your suppliers hold out? – на сколько хватит наших запасов?
QUANTITY (n) –количество, величина
TO QUANTIFY (v) – определять количество
TO MEET – встречать, собираться, сходиться, впадать, драться на дуэли, знакомиться , удовлетворять, соответствовать предъявленным требованиям, оплачивать счет, вексель
TO FALL (in smth, in battle)-погибнуть, падать, спадать, понижаться, опускаться, истекать (о сроке платежа), спускаться, сходить, стихать,
~ due - подлежать оплате ( о векселе)
~ in (with) –провалиться, обрушиться
DEMAND (of, from) –требовать, предъявлять требования, нуждаться, спрашивать, задавать вопрос
The problem demands attention
SUPPLY (n) – снабжение, поставка, припасы, провиант, запас, предложение, денеж. содержание
~ (v)- снабжать, поставлять, подавать, подводить, питать
To result in\from – кончиться, иметь результатом, следовать, происходить в результате, проистекать
STORE (S) –(n) -запас, резерв, припасы, имущество, склад, магазин, лавка, универмаг, большое количество чего-либо, изобилие
~(v)- снабжать, наполнять
Purchase (n) – покупка, приобретение,годовой доход с земли, ценность, стоимость, выигрыш, преимущество
~ department -отдел снабжения
~ tax – налог на покупки
TO DELIVER – доставлять, переносить, передавать,представлять, освобождать, сдавать, читать лекции, снабжать, питать
~ an attack, -произвести атаку
~ a battle – дать бой ,
~ fire - вести огонь ,
delivery note – накладная
EARN (v)- зарабатывать
to ~ one’s living (daily bread)
