33
Banking in Great Britain
1.One hundred years ago the United Kingdom was the leading manufacturing, trading and shipping country in the world. Today it has had the world’s fourth largest economy after the USA, Japan and Germany.
2.The UK’s long history as a leader in world trade has always made its bankers, investors, traders and insurance experts look overseas for business. And so even when the UK's share of visible world trade slipped back, UK financial skills and experience were needed by other countries.
As modern communications have made it easier for countries to trade with each other in recent years, the importance of UK financial services has become even more marked.
3.Modern banking began in London in the 1600s. The goldsmiths of that time built strong vaults to protect their stocks of gold and silver. By the late 1800s UK banks carried out their business across the globe.
4.In London today you will still find some of the great names of 19th century banking and finance on display. Most have become parts of larger groups, many of them foreign-owned, as a consequence of globalization and market reforms. The UK’s share of world trade has fallen but not its role in helping to finance that trade.
VI. Прочитайте абзац 3 и письменно ответьте на вопрос:
What did the goldsmiths of the seventeenth century do to protect stocks of precious metals?
Контрольная работа № 3 «What is Globalization»
I.Перепишите следующие предложения, подчеркните в них глагол-сказуемое, определите его видовременную форму и залог. Переведите предложения на русский язык.
1. Barclays has just announced plans to return more capital to its
34
shareholders.
2.The value of all goods & services produced in the economy is measured by Gross Domestic Product (GDP).
3.Major changes are taking place in the banking industry.
II.Перепишите следующие предложения, переведите их на русский язык, обращая внимание на функции герундия и инфинитива.
1.Indirect exporting can be done with little investment.
2.The simplest way lo enter a foreign market is through agents.
3.Delays in the financial reform have made business planning difficult.
III.Перепишите и письменно переведите па русским язык следующие предложения. Помните, что инфинитивные обороты соответствуют придаточным предложениям.
1.Export duties are supposed to be cancelled in future.
2.We expect the contract to be signed today.
3.Increased motivation is more likely to occur when work meets the needs of individuals for learning, sell-realization &, personal growth.
IV. Прочитайте и устно переведите весь текст. Письменно переведите абзацы 1, 2, 4.
What is Globalization
1.The term «globalization» has acquired considerable emotive force. Some view it as a process that is beneficial — a key to future world economic development. Others regard it with hostility, believing that it increases inequality within and between nations, threatens employment and living standards and thwarts social progress.
2.Globalization offers extensive opportunities for truly worldwide development but it’ is not progressing evenly. Some countries are becoming integrated into the global economy more quickly than others. Countries that have been able to integrate are seeing faster
35
growth and reduced poverty. Outward-oriented policies brought dynamism and greater prosperity to much of East Asia, transforming it from one of the poorest areas of the world 40 years ago. And as living standards rose, if became possible to make progress on democracy and economic issues such as the environment and work standards.
3.By contrast, in the 1970s and 1980s when many countries in Latin America and Africa pursued inward-oriented policies, their economies stagnated or declined, poverty increased and high inflation became the norm. In many cases, especially Africa, external developments made the problems worse. As these regions changed their policies, their incomes have begun to rise.
4.The crises in the emerging markets in the 1990s have made it quite evident that the opportunities of globalization do not come without risks -risks arising from — capital movements and the risks of social, economic and environmental degradation created by poverty. This is not a reason to reverse direction, but for all conserned in developing countries, in the advanced countries, and of course investors — to embrace policy changes to build strong economies and a stronger world financial system that will produce more rapid growth and ensure that poverty is reduced.
V.Прочитайте абзац 3 и письменно ответьте на вопрос:
How can you characterize economies in Latin America?
Контрольная работа № 4 «Change and reform at the IMF»
I.Перепишите следующие предложения, определите видовременную форму и залог глагола-сказуемого. Переведите предложения на русский язык.
1.The price paid for the use of land is called rent.
2.Economic security means that those who are unable to care for themselves will be provided for.
3.Oil prices have been fixed in line with American interests.
36
II.Перепишите следующие предложения, переведите их на русский язык, обращая внимание на функции герундия и инфинитива.
1.The need to choose is imposed on us all by our income, wealth & ability to borrow.
2.Management is the process of achieving desirable results with the resources available.
3.Economists have two ways of looking at economics & the economy.
III.Перепишите и письменно переведите на русский язык следующие предложения. Помните, что инфинитивные обороты соответствуют придаточным предложениям.
1.Unlike other countries the United States expects its citizens to share in governing the country.
2.President of the Company is likely to attend the meeting.
3.We want the goods to be delivered in May.
IV. Перепишите и устно переведите на русский язык весь текст. Перепишите и письменно переведите 1, 2, 4 абзацы.
Change and reform at the IMF
1.The IMF — «watchdog» of the international monetary and financial system — has undergone noteworthy changes.
2.IMF staff will be undertaking further work on the development of early warning systems for financial crises. The creation of the International Capital Markets Department is intended to deepen the IMF’s understanding of financial markets and its ability to identify crisis symptoms early enough to address them effectively. The aim of early warning systems is not to publicize a country's vulnerability, but identify indicators of vulnerability and publish them in normal times so that people learn to recognize the signs of an emerging crisis.
3.Another critical function of the International Capital Markets Department is to strengthen the IMF's ability to help countries gain access of international capital markets, without which the poorest countries will not be able to make a breakthrough in po-
37
verty reduction.
4.Improving communications between the IMF and the private financial sectors is another item on the IMF's agenda. The IMF is also exploring ways to involve private creditors at an earlier stage of preventing and resolving crises. A stronger focus on crisis prevention will help to reduce the frequency and severity of crises.
5.The IMF provides financial support to member countries, but must be sure that the members are pursuing policies that will improve or eliminate their external payments problems, so that IMF resources arc safeguarded and eventually repaid. Conditions for IMF financial support may range from general commitments to the formulation of specific, qualified plans for economic and financial policies. An income statement covering the previous year must be included in a corporation's annual report to its stockholders.
VI. Прочитайте 5 абзац и ответьте письменно па следующий «опрос:
What does IMF provide to member countries?
38
Вопросы к зачету (экзамену) по курсу «Экономика» Иностранный язык
1.What is economics?
2.What is the difference between macroeconomics and microeconomics?
3.What questions does macroeconomics examine?
4.What roles do prices play in a market economy?
5.Why do economists believe in the law of demand so strongly?
6.How can you define the equilibrium prices?
7.What does the law of supply state?
8.Which demand is called elastic?
9.In what units is elastisti city of supply shown?
10.What supply is called inelastic?
11.What is marketing management?
12.What is strategic planning?
13.Why is the Product Life Cycle considered one of the key concepts in marketing?
14.What is marketing mix?
15.What is management?
16.What are the benefits of advertising?
17.What are the disadvantages of advertising?
18.What are the methods and types of advertising?
19.Who is interested in accounting information?
20 Why is important to prepare the statement of a company’s cash flows?
21.What information can stockholders get from the balance
sheet?
22.What kind of information is represented in the income state-
ment?
23.What is monetary policy?
24.What are the responsibilities of the Central Bank?
25.Haw can the Central Bank regulate money supply and money
market?
39
Учебно-методическое и информационное обеспечение дисциплины
а) Основная литература
1.Ian MacKenzie
2.English for Business Studies
(a course for Business Studies and Economics students).
3.Глушенкова Е.В., Комарова Е.Н. Английский язык для студентов экономических специальностей. – М.: АСТ, Астрель 2006.
4.Аванесян Ж.Г. Английский язык для экономистов.
б) Дополнительная литература
1.Девина И.В., Ковалева Л.В. Английский язык: учебнометодическое пособие для студентов заочной формы обучения. –
М.: МБИ, 2005.
2.Куприянова Г.Н. Начинаем деловой английский. – М.: МБИ, 2001.
________________________________
Учебное издание
электронный ресурс
Составитель Сульженко Марина Юрьевна
ИНОСТРАННЫЙ ЯЗЫК (АНГЛИЙСКИЙ)
Учебно-методическое пособие для бакалавров заочной формы обучения по направлению 080100.62 «Экономика»
Редактор Е.Е. Ломскова Корректор Л.С. Безуглина Компьютерная верстка С.В. Плотниковой
Подписано в печать 21.03.2013
ЧОУ ВПО МБИ 117292, Москва, ул. Профсоюзная, д. 18, корп. 2