Grammar practice

V. Find in the text some sentences in the Active Voice, copy them into your exercise books, give simple grammar analysis of these sentences.

VI. Find in the text some sentences in the Passive Voice, copy them into your exercise books, give simple grammar analysis of these sentences.

VII. Find in the text sentences with the Participles and define their forms and functions. See Grammar in Use section if necessary.

VIII. Find in the text sentences with model verbs, copy them into your exercise books and define their meanings.

IX. Find in the text sentences with the Gerunds and define their forms and functions. See Grammar in Use section if necessary.

X. Find in the text sentences with the Infinitives and define their forms and functions. See Grammar in Use section if necessary.

LANGUAGE PRACTICE

XI. Join the sentence halves below

1. For many purposes, the analysis becomes so complicated	a) comparing the market of cars with the market for bicycles
2. A microeconomic analysis of miners' wages could get known	b) it is said to be partial analysis
3. Microeconomists offer a precise treatment of one aspect of economic behaviour	c) that we can lose kernel of the issue in which we were interested
4. We are able to explain output of these two goods	d) the specific features of miners themselves and the ability of mine owners to pay wages
5. When microeconomic analysis doesn’t touch such indirect effects	e) but ignore interactions with the other branches of the economy in order to keep the simplicity of the analysis

XII. Match the terms and their definitions

1. Housing	a) refuse to take notice of smth. or to reject as ungrounded
2. Manageable	b) group of individual dwellings or apartment houses typically of similar design that are usu. built and sold or leased by one management
3. Ignore	c) capable of being handled or directed with a degree of skill
4. Interaction	d) state of balance between opposing forces or actions that is either static or dynamic
5. Equilibrium	e) mutual or reciprocal action or influence

XIII. Answer the following questions for general understanding

l. What are the ways to classify branches of economics?

2. What does microeconomic analysis deal with?

3. What is the approach to understand the pattern of consumption, production and exchange?

4. What is an interesting task for economics?

5. What do microeconomists tend to offer and to ignore?

6. Are indirect effects important for microeconomists?

XIV. Translate into Russian

a) Many economists specialize in a particular branch of the economics.

в) Microeconomists offers a detailed analysis of one aspect of economic behaviour but ignore interactions with the rest of the economy.

с) General equilibrium theory is the branch of microeconomics.

d) General equilibrium theory studies simultaneously every market for every commodity.

e) We can understand the complete pattern of consumption, production, and exchange in the whole economy at a point in time with the help of microeconomic analysis.

f) The interesting task for economics is to devise judicious simplifications which keep the analysis manageable without distorting reality too much.

g) Indirect effects may not be too important and it will make sense for economists to devote their efforts to very detailed analyses of particular industries or activities.

f) In other circumstances, the indirect effects are too important and an alternative simplification must be found.