- •Англійська мова методичні вказівки
- •0305 Економіка та підприємництво та
- •0306 Менеджмент і адміністрування
- •Introduction
- •10. Look at the following topics:
- •Why Study Economics?
- •Why study economics?
- •Exercise 3. Answer the following questions.
- •Part 1 Unit 1 Economic Activity
- •Unit 2 The Science of Economics
- •Unit 3 Different Economic Systems
- •Unit 4 The Limits on Economic Freedom
- •Revision Units 1-4
- •In ...Formal ...Successful
- •Individual formal capital future ideal
- •Impression journal real commune imperial
- •Vocabulary
- •The Role of the Market
- •Unit 5 Central Control of the Economy
- •Unit 6 Mixed Economies
- •Revision Units 1-7
- •Exercise 3. Economic Vocabulary Quiz
- •Capitalism
- •Free-Market Economy
- •Part 2 unit 8 Utility and Prices
- •Unit 9 Supply and Demand
- •Unit 10 Some Economic Laws
- •Revision Units 8-10
- •Invest accept market manage employ
- •Vocabulary
- •Law of Demand
- •Unit 11 Labour and Capital
- •Unit 12 Markets and Monopolies
- •Unit 13 The Open Market
- •Unit 14 Money and Banking
- •Revision Units 12-13
- •Organisation of the european system of central banks (escb)
- •Revision Units 1-14
- •Factors of production
- •A Short History of the European Monetary System
- •Part 3 Supplementary Texts
- •1. Markets
- •Breaking records
- •Exercise 3. Match the words (1-10) with their definitions (a-j).
- •Profit a. The administration of the material resources of an individual, community or country
- •2. The economy
- •3. National-income accounting
- •Who Gets gdp?
- •4. Measuring economic activity
- •The Output Approach
- •The Income Approach
- •The Expenditure Approach
- •5. Economic fairness and the distribution of economic rewards
- •6. Public goods, information and uncertainty
- •Public Goods
- •Global public goods
- •7. Inflation
- •Money and Inflation
- •What Causes Inflation?
- •8. The global economy and
- •International trade
- •Regulation of International Trade
- •Risks in International Trade
- •Economic risks
- •Political risks
- •Методичні вказівки
- •0305 Економіка та підприємництво та
- •0306 Менеджмент і адміністрування
Revision Units 1-7
Exercise 1. Similar or Opposite
Are these words similar or opposite (S or O)?
-
to manufacture – to produce 11. private – public
-
rigidly – strictly 12. countries – nations
-
agricultural – manufactured 13. landowner – factory-owner
-
goods – services 14. anarchy – lawleness
-
famous – eminent 15. to rise - to increase
-
essential – basic 16. collective – individual
-
community – society 17. government – authority
-
shelter – housing 18. quantity – amount
-
complex –simple 19. to obey the law – to conform to the law
-
necessity – need 20. limits – restrictions
Exercise 2. Word partnerships
Set 1 Match each verb on the left with a noun on the right to form common partnerships. Use each word once only.
-
to buy a. services
-
to earn b. prices
-
to provide c. facts of economy
-
to make up d. the law
-
to describe e. essential commodities
-
to satisfy f. production targets
-
to obey g. great difficulties
-
to create h. basic needs
-
to set up i. economic system
-
to charge j. a living
Set 2 Match each adjective on the left with a noun on the right to form common partnerships. Use each word once only.
-
economic a. planning
-
personal b. sector
-
private c. freedom
-
government d. prices
-
central e. policy
-
planned f. anarchy
-
communist g. economy
-
public h. industries
-
nationalized i. supplies of capital
-
fluctuated j. countries
Exercise 3. Economic Vocabulary Quiz
Form the correct version of the word using the word root to the right of the phrase.
-
The _____ of that factory has gone down over the last five years. to produce
-
The _____discussed important issues at the meeting. to plan
-
This quality will be most _____. to suit
-
This quantity shall be _____. to produce
-
The _____ considered the new budget. to govern
-
These conditions will affect the international _____ system
in the next ten years. economy
-
These _____ will be made next year. to change
-
The _____ decided to grow corn. to farm
-
The _____ did not discuss these things with workers
at the meeting. to employ
-
That factory is not as _____ now as is was five years ago. to produce
-
The council gave us _____ to go forward with our building plan. to permit
-
These days, the typical _____ vehicle is the Internet. to distribute
-
The _____ could not agree on these economic things. economy
-
It was a _____ decision. to collect
-
_____ ahead in a mixed economy is not particularly difficult. to plan
-
It is not possible to plan ahead with any certainty even in
a rigidly _____ economy. to control
-
The ____ industries are in the public sector of British economic life. nation
Exercise 4. Put prepositions in the blanks of these sentences.
-
Coal and steel industries are among the activities controlled ____ the government.
-
The science ____ economics is concerned ____ all our needs.
-
The economic system____ the USA differs greatly ____ the system in Cuba.
-
The American system is based ____ private enterprise.
-
In all communities, of course, limits are imposed ____ personal freedom.
-
____ capitalism the prices ____ goods and services are related ____ supply and demand.
-
Governments usually require all individuals to conform ____ the laws which they make.
-
In communistic system the individual is subordinated ____ the needs ____ the collective State.
-
The government policy ____ both employees and employers will depend very much ____ the political and economic ideology adopted ____ the government.
-
The government policy may be biased ____ employers and capital ____ the one hand, or workers and the problems ____ labour ____ the other hand.
-
Sometimes economic laws protect the interests principally ____ the workers, while ____ other times they may be beneficial ____the employers.
-
Economists focus ____ the way ____ which individuals, groups, business enterprises, and governments seek to achieve efficiency.
-
Britain is similar ____ the USA
-
The company capital was finally reduced ___ nothing.
-
In communistic system the emphasis is ____ collective effort and not ____ personal effort.
-
The rates charged ____ the three different levels ____ advertising vary sharply, particularly in newspapers.
-
The advertiser produces a limited quantity ____ the new product and introduces it ____ a test market.
Exercise 5. Read the text and complete it with the following sentences.
a. The individual who comes closest to being the originator of contemporary capitalism
b. Capitalism, economic system in which private individuals and business firms
c. Society's interests are met by
d. The term capitalism was first introduced
e. Sometimes the term mixed economy
f. From Europe, and especially from England