- •Міністерство аграрної політики України
- •Unit 1 what is economics?
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions and word-combinations:
- •10. Inform the group about your activities and find out if he or she does the same:
- •11. Express doubt concerning the truth of the following statements:
- •12. Ask about the following as in the model:
- •13. Translate into English:
- •14. Communicative situations:
- •Unit 2 the american economic system
- •1. Read and memorize following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •3. Fill in the blanks with appropriate words: a profit, resources, the answers, prices, consumers, levels, a price, money.
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make your own dialogue using the following words, expressions and word-combinations:
- •10. Open the brackets using the Present Indefinite Tense in the Passive Voice:
- •11. Read and change the sentences according to the model:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 3 the consumer in our economy
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following words, expressions and word-combinations:
- •10. Express the following in the Passive Voice:
- •11. Ask questions to the following sentences:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 4 launching a business
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate Into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Inform the group about the future activities or states:
- •11. Ask for confirmations of the truth of the following statements:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 5 financing a business
- •1. Read and memorize the following words, word- combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Make the following sentences passive:
- •11. Translate the verbs in brackets in English using them in the necessary tense-form:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 6 production and marketing. The business of business
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Put questions to the italicized words:
- •10. Replace the infinitives in brackets by the Present Continuous Tense (the Active Voice):
- •11. Translate into English:
- •1. Read and memorize the following words, word- combinations and word-groups:
- •2. Give English equivalents to the following:
- •3. Fill in the blanks with appropriate words:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •1. Read and memorize the following words, word- combinations and word-groups:
- •2. Give English equivalents of the following:
- •3. Fill in the blanks with appropriate words:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Put the infinitives in brackets in the Past Continuous Tense:
- •11. Paraphrase the following sentences as in the model:
- •12. Translate into English using the Past Continuous Tense (the Active Voice):
- •13. Communicative situations:
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •3. Fill in the blanks with appropriate words
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Change the following sentences using the Passive Voice:
- •11. Ask when and what -questions using the Passive Voice:
- •12. Translate into English using the Past Continuous Tense (the Passive Voice):
- •13. Communicative situations:
- •Self-assessment criteria
- •If you have got:
5. Answer the following questions:
1. What is money?
2. What qualities should the material for money possess?
3. What is the principal difference between a barter economy and a money economy?
4. What functions does money play in the society?
5. What is currency?
6. Define the terms:
Stability, durability, divisibility, portability, uniformity, recognizability.
7. Translate into English:
1. Більшість країн використовує високоякісний папір для виготовлення грошей. 2. Одна з головних переваг грошей над бартером – це те, що гроші можна ділити на частини. 3. Головна різниця між бартерною та грошовою економікою полягає в тому, що при бартерній економіці вам слід шукати когось, хто мав би те, що ви хочете, і хотів би те, що ви маєте. 4. Гроші дають нам змогу встановлювати ціну товару. 5. Гроші – це засіб, що дає нам можливість робити обмін. 6. Гроші дають змогу нам робити покупки коли-небудь у майбутньому, використовуючи вартість чогось, що ми продаємо сьогодні. 7. Валюта – це паперові гроші та монети, якими ми користуємося майже щодня.
8. Read and dramatize the following dialogue:
A.: In what currency will payments be made?
B.: We'll provide for payments in local currency in our contract.
A.: Is currency conversion allowed under your local legislation?
B.: Yes, it is.
A.: How will currency fluctuations be taken into account?
B.: To avoid currency tosses we shall provide for a currency clause in our contract.
A.: How will the currency be exchanged?
B.: At the rate of the day.
A.: To avoid currency losses we suggest including into the contract a currency clause pegging the currency of payments to SDRs in US dollars.
B.: No objections. And in what cases will payments be adjusted?
A.: Payments will be adjusted if the cost of one SDR changes.
В.: We believe that you will use the adjustments of the International Monetary Fund.
A.: Yes, certainly. Please note that if the amount of the letter of credit is not sufficient the Customer will have to increase the letter of credit accordingly.
9. Make up your own dialogue using the following expressions:
local currency, currency fluctuations, to exchange currency, to make payments, to provide for payments, to take into account, to adjust payments, to avoid currency losses
10. Put the infinitives in brackets in the Past Continuous Tense:
Model: The company (to raise) prices for the merchandise the whole year.
The company was raising prices for the merchandise the whole year.
1. The management (to consider) the outflow and inflow of capital, while they produced the new types of devices. 2. The company (to buy) currency from the foreign exchange department, when they dealt with the foreign firm. 3. Our partner (to provide) for payments in local currency, when currency conversion was allowed under the local legislation. 4. Our bank (to make) loans to corporations when they were in need. 5. The bank (to accept) money from depositors at that time.
11. Paraphrase the following sentences as in the model:
Model: He intended to convert American dollars to Swiss francs in foreign exchange departments. - He was going to convert American dollars to Swiss francs in foreign exchange departments.
1. We intended to buy merchandise from another country using the currency of that country. 2. Our bank intended to accept money from depositors. 3. This bank intended to make loans to corporations. 4. We intended to provide for a currency clause in our contract. 5. I intended to invest money into this corporation.