- •Иванова о.В., Кирильчик т.К.
- •Introduction to economics Введение в экономику
- •What is economics?
- •What is economics?
- •Economic or economical?
- •1.Complete the following sentences with the appropriate word from the list below.
- •1. Read the text and focus on the following points:
- •The meaning of economics
- •4. Expand the sentences, using the information from the text.
- •Satisfying people’s wants
- •2.Read the text again and say if the following statements are true or false according to the information in the text.
- •3.Match the beginnings and endings of the following statements.
- •Economic systems
- •1.Say whether the following characteristics of economic systems are typical for a)traditional economic systems, b) command economic systems, c)market economic systems.
- •2.Answer the following questions on the contents of the text.
- •3.Read the text again and say if the following statements are true or false according to the information in the text.
- •4.Complete the following table.
- •1. Match the words listed below with the definitions that follow.
- •2. Group the words that follow into six synonymous groups.
- •3. Group the words that follow into six antonymous groups.
- •4. Complete the sentences with appropriate terms from the list below.
- •5.Add an appropriate preposition to each of the following sentences where indicated.
- •6.Match the words and their definitions.
- •7.The snowball definition game.
- •8.Translate into English.
- •Passive Voice
- •1. Make these sentences passive. Use by if it is necessary to say who did the action.
- •If possible, rewrite these newspaper headlines as passive sentences. Begin each sentence with It has been … that.. . If it is not possible write X after the headline.
- •Import-Export
- •How to make a good presentation
- •Introducing the first point
- •Inviting questions
- •Adam smith
- •The Vision of Adam Smith
- •Vocabulary
- •1. Answer the following questions.
- •2. Which of the following statements are true/false?
- •3. Do you agree or disagree with the following opinions? Why yes and why not? Write an essay of 150-200 words to support your opinion.
- •Vocabulary
- •1. Answer the following questions.
- •2. Which of the following statements are true/false?
- •3. Questions for discussion.
- •Сlassical liberalism
- •Vocabulary
- •1. Answer the following questions.
- •2.Complete the following sentences:
- •3. Questions for discussion.
- •Neoclassical economics
- •The subschools
- •Vocabulary
- •1. Answer the following questions.
- •2. Which of the following statements are true/false?
- •3.Questions for discussion.
- •Reference Literature
Inviting questions
If you have any questions, don't hesitate to
ask.
I'll be glad to answer any questions (at the
end of my talk).
Finally, I will be happy to answer your questions.
A. Make a presentation on countries with different economic systems. Focus on:
Geographical position.
Political system.
Economic system.
Current economic situation.
World-known business companies based in the country if there are any.
B. Listen to your fellow-students' presentations. After each presentation rate the following aspects of the presentation from 1 to 5 (1 = unacceptable, 2 = fair, 3 = average, 4 = good, 5 = excellent).
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The presentation was interesting.
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The presentation was clear. |
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The presentation's beginning made an impact. |
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The presentation had a logical manner structure. |
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The presentation had a summary or conclusion. |
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TOTAL: 25 |
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C.Discuss the following questions.
Do you agree that economics is helpful in everyday life? Give your arguments.
Try to think of several important decisions that you have made recently. What was the opportunity cost of each decision?
Do you think economics is a theoretical or applied discipline?
Imagine the world without a problem of scarcity. Would you enjoy living in such a world?
Are there any countries with traditional economies nowadays?
Is it correct to say that all major economies in the world are market economies?
How can you define the economic system of Belarus?
WRITING
Write an essay of at least 500 words describing economics and its major concepts.
SUPPLEMENTARY READING
Adam smith
Economics, like every other intellectual discipline, has its roots in early Greece and Rome; but economics was first considered as a branch of domestic science (home economics) dealing with such matters as the management of slaves and the allocation of manure among alternative agricultural uses. In the revival of learning that followed the Middle Ages, economics emerged as a branch of moral philosophy concerned with such issues as the ethics of loan interest and the “justness” of market-determined wages and prices.
By the beginning of the eighteenth century, the subject had lost most of its theological overtones and had taken shape as an academic discipline, largely as a branch of political theory dealing with problems of government intervention in economic affairs.
Then in 1776 the Scottish moral philosopher Adam Smith published the first edition of «Inquiry into the Nature and Causes of the Wealth of Nations», and economics soon became an independent science.