Exercise 9. What economic terms given in the text do the following definitions refer to?
1. The branch of economics that deals with large-scale economic phenomena, particularly inflation, unemployment and economic growth. |
|
2. Economic analysis that is concerned with “what ought to be” rather that with “what is”. |
|
3. The study of the behavior of individual units such as consumers, firms and resource owners. |
|
4. The area of economics that deals with facts and relationships among them. |
|
5. The representation of the essential features of a theory expressed in the form of words, diagrams, graphs used to understand economic events. |
|
6. The organization that brings together and coordinates factors of production for the purpose of producing goods and services. |
|
7. The study of how people choose to use scarce productive recourses, to produce various goods and services, and to distribute them among consumers. |
|
Exercise 10.Pair the halves of the sentences and translate them into Ukrainian.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
|
|
|
|
|
|
|
|
|
________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ |
Exercise 11.Translate the words in brackets into Ukrainian.
Economics is … (суспільна наука) that analyzes and describes … (виробництво), (розподіл), and… (споживання) ofwealth.
… (дисципліна економічної теорії) hastwobroadbranches: … (мікроекономіку) and… (макроекономіка).
Microeconomics… (досліджуєекономічну поведінку) ofspecificfactorssuchasbusinessesandindividualswithaview* torealize… (процес прийняття рішень)inthefaceof … (нестачі) and … (економічні наслідки) of … (цих рішень) onotherparticipants.One of the goals of microeconomics is to analyze market mechanisms that … (встановлюють ціни) for goods and services and … (розміщують обмежені ресурси) among many alternative uses.
Macroeconomics… (зосереджуєтьсянагосподарстві) asawholewithaviewofunderstanding… (взаємодії) between … (сукупними економічними показниками) suchasnationalincome, … (рівень зайнятості), (загальний обсяг виробництва) and … (інфляція). Macroeconomics can be used to analyze how best … (впливати на цілі) of different governmental policies such as … (економічнезростання), pricestability, … (повна зайнятість) andothers.
*withaviewof/to – з метою/з наміром; для того, щоб.