- •1 Business Organization
- •1 Match words that have a similar meaning:
- •3 Match the words and phrases in the box with the correct definition:
- •5 Complete the sentences using these often confused words: economic - economical, economics – economy
- •Grammar: Present Simple vs Present Continuous We use the Present Simple (V / Vs):
- •2 Business Organization and the Economy
- •1 Match words that have a similar meaning:
- •Grammar: Past Simple vs Past Continuous We use the Past Simple:
- •We use the Past Continuous:
- •3 Ownership
- •1 Match words that have a similar meaning:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Present Perfect – Теперішній доконаний час (1)
- •4 Business Relationship
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "company".Find combinations that mean:
- •3 Match the words and phrases in the box with the correct definition:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •We use the Present Perfect Simple:
- •1 Choose the correct verb form:
- •3 Make sentences about the following people:
- •5 Put for or since into each gap. Translate the sentences into Ukrainian:
- •6 Ask these people questions about their experiences:
- •7 Open the brackets. Translate the sentences into Ukrainian:
- •5 Companies’ Restructuring
- •1 Match words that have a similar meaning:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Present Perfect vs Past Simple
- •1 Choose the correct verb form to complete these dialogues. Practise saying the dialogues in pairs:
- •2 Cross out the sentence which has a mistake:
- •3 Open the brackets using Past Simple or Present Perfect:
- •6 Organizational Structure
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur before "manager". Find combinations that mean:
- •3 Match the words and phrases in the box with the correct definition:
- •5 Choose the correct word:
- •Grammar: Present Perfect Continuous – Теперішній перфектно-тривалий час
- •We use the Present Perfect Continuous:
- •7 Employment
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "job".Find combinations that mean:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •6 Complete the sentences using these often confused words: to provide - to secure - to ensure
- •Grammar: Past Perfect – Минулий доконаний час (1)
- •8 Human Resources
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •5 Complete the sentences using these often confused words: employer - employee
- •1 Make sentences from the chart:
- •2 Put numbers in the brackets to show the order in which each action happened:
- •3 Put the verbs in brackets one in the Past Simple and one in the Past Perfect:
- •4 Open the brackets using Past Perfect or Past Simple:
- •5 Translate into English using the Past Perfect Tense:
- •6 Write down five things you had or hadn’t done by 10 pm yesterday.
- •9 Recruitment Procedure
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Past Tenses (Simple / Continuous / Perfect)
- •1 Complete the sentences with the verb in bold in either the Past Simple or the Past Perfect:
- •2 Past Simple or Past Continuous? Underline the correct tense:
- •3 Put the verb in brackets in either the Past Simple or Past Perfect Simple:
- •4 Complete these sentences. Use past tenses only and add any other words that are necessary:
- •5 Open the brackets using either Past Simple, Past Continuous, or Past Perfect:
- •10 Applying For a Job: Interviewing
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •5 Complete the sentences using these often confused words: power – strength
- •Grammar: Past Perfect Continuous – Минулий перфектно-тривалий час
- •11 Applying For a Job: Writing a Resume
- •Grammar: Tense Revision (Present Time)
- •12 Applying For a Job: cv
- •1 Read the sections of a cv (a-h) and match them with the headings (1-8):
- •2 Complete (1-5) with the highlighted words from the cv above:
- •3 Work in pairs. Look at these 'rules' for writing a cv. Which ones do you agree with? Why?
- •International marketing manager
- •Curriculum Vitae vs Resume?
- •13 Executive Pay
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "pay".Find combinations that mean:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •6 Complete the sentences using these often confused words: salary - income - pay - wage
- •Grammar: Tenses used to describe Future
- •14 Leaving a Job
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Майбутній доконаний час – Future Perfect
- •1 Use the future perfect (simple or continuous) to put the beginnings and ends together:
- •2 A romantic novelist writes 300-page books. She writes ten pages a day, and takes no holidays. Use the future perfect to answer the questions:
- •3 Complete the following sentences with a verb in the Future Perfect Simple or Continuous:
- •4 Answer the questions about you. What will you have done…
- •15 The economy
- •I. Give English equivalents of the following:
- •III. Answer the questions:
- •IV. Translate into English:
- •Grammar: Future Continuous vs Future Perfect
- •16 What is economics?
- •I. Translate into English:
- •III. Answer the questions:
- •IV. Translate into English:
- •Grammar: Future Simple / Continuous / Perfect
- •1 Put the beginnings and ends together. Translate the sentences into Ukrainian:
- •3 Complete the sentences using future continuous or future perfect:
- •4 Read the conversation and choose the correct form of the future. Practise the dialogue in pairs:
- •5 Put the verbs in brackets into the correct future form:
- •17 Macroeconomics and microeconomics
- •Grammar: Часи групи Perfect Continuous
- •1 Put together the beginnings and ends of the conversations. Translate the sentences into Ukrainian:
- •2 Complete the sentences using the present perfect continuous tense of the verbs below:
- •3 Read the story and answer the questions using the past perfect continuous:
- •5 How long will you have been learning English / using your computer (mobile phone) / going to college / saving money for something you’d like to have / living in your present house by next summer?
- •18 The economy of ukraine
- •Grammar: Tense Revision Test (1)
- •19 The economy of the united kingdom
- •Grammar: Tense Revision Test (2)
- •20 Markets and market orientation
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "sector". Find combinations that mean:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian
- •Grammar: Active Tenses – Revision
- •3 Open the brackets using future simple or future continuous:
- •4 Translate the sentences into English:
- •21 National-income accounting
- •I. Give English equivalents of the following:
- •Grammar 1: Типи питальних речень
- •1 Make questions and define their type. Write possible answers. Translate the questions into Ukrainian:
- •Grammar 2: Negative questions – Питально-заперечні речення
- •2 Write informal negative questions to ask somebody:
- •3 Use negative questions to confirm the following ideas. Be careful with the tenses.
- •4 Use negative questions to confirm the following ideas:
- •5 Write possible short answers to the negative questions. Translate the questions into Ukrainian.
- •22 Taxes
- •Grammar: Revision of articles – Вживання артиклів
- •3 Відсутність артикля
- •2 Find one mistake in each sentence:
- •3 Put a / an, the, or nothing (-). Explain your choice:
- •4 Put the correct article where necessary:
- •5 A, an, the or - (nothing)?
- •23 Supply, demand and market prices
- •I. Give English equivalents of the following:
- •Grammar: Passive Voice (Simple) – Пасивний стан групи Simple
- •24 Wholesaling
- •Grammar: Passive Voice (Continuous) – Пасивний стан групи Continuous
- •25 Retail trade
- •Grammar: Passive Voice (Perfect) – Пасивний стан групи Perfect
- •26 Labour and capital
- •Grammar: Passive Tenses – Revision (1)
- •27 Inflation
- •I. Give English equivalents of the following:
- •Grammar: Passive Tenses – Revision (2)
- •1 Choose the correct answers. Explain your choice:
- •2 Complete the sentences using the words in the brackets in the Passive Voice and define their tense:
16 What is economics?
scarcity– недостатня кількість, брак чогось make choice – робити вибір resources – ресурси satisfy one's wants – задовольняти чиїсь потреби individual consumer – окремий споживач |
be faced with the problem – стикатися з проблемою income – дохід private ownership – приватна власність profit – прибуток |
Human wants are unlimited, but the resources necessary to satisfy those wants are limited. Thus, every society is faced with the problem of scarcity. Since there is not enough of everything to go around, everyone –individuals, business firms, and government–needs to make choices from among the things they want. In the process they will try to economize to get the most from what they have.
Economics is the social science that describes and analyzes choices from among scarce resources to satisfy its wants. The need to choose is imposed on us by our income, wealth and ability to borrow.
The food you eat, the home you live in, the clothes you wear, and the way you spend your leisure time are all affected, in part, by economic forces. Economic forces also affect decisions in the world of business. The more you know about the subject, the better career decisions you will be able to make.
The development of modern economics began in the 17th century. Since that time economists have developed methods for studying and explaining how individuals, business and nations use their economic resources. Large corporations use economists to study the way they do business and to suggest methods for making more efficient use of their employees, equipment, factories, and other resources.
The resources that go into the creation of goods and services are called the factors of production. They include natural resources, human resources, capital and entrepreneurship. Each factor of production has a place in our economic system, and each has a particular function. Our country is rich in natural resources. Economists also use the term «land» when they speak of natural resources as a factor of production.
The price paid for the use of land is called rent. Rent becomes income to the owner of the land.
The price paid for the use of labour is called wages. Wages represent income to workers, who own their labour.
Payment for the use of someone else's money or capital is called interest.
Entrepreneurship, closely associated with labour, is the managerial or organizational skills used by most firms to produce goods and services. The reward to entrepreneurs for the risks, innovative ideas and efforts that they have put into the business are profits (whatever remains after the owners of land, labour and capital have received their payments).
Every society must answer the fundamental economic questions:
1) What goods and services are to be produced?
2) How are they to be produced?
3) Who will receive them?
The way in which a society answers these questions is known as its economic system.