- •Введение
- •Topic 1. An introduction to economics
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the international words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Fill in the gaps using the words given: Scarcity, income, interact, society, trends, management, economics, economy
- •V. Translate into English
- •VI. Answer the questions
- •Topic 2. The basic economic problem
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Complete these sentences with the words in appropriate form and translate the sentences into Russian:
- •V. Translate into English:
- •VI. Answer some questions:
- •Topic 3. Factors of production
- •Comprehension check
- •I. Give Russian equivalents to the following:
- •II. Give English equivalents to the following:
- •III. Make sentences by adding a suitable beginning to the following:
- •IV. Agree or disagree with the following statements:
- •V. Fill in the gaps using the words given
- •VI. Translate into English
- •VII. Answer some questions:
- •Starting a business
- •Types of business
- •Sole Trader
- •Partnership
- •Private Limited Company
- •Public Limited Company
- •The sole proprietor
- •Partnerships
- •Corporations
- •Companies and Organizations Background information about the organization.
- •Comprehension check
- •I. Give English equivalents to the following:
- •III. Complete the sentences using the proper forms of the verbs in the brackets:
- •IV. Translate into English:
- •V. Answer the questions:
- •Topic 5. Company structure
- •Study carefully the meaning of the following phrases and word combinations
- •Comprehension check
- •I. Give English equivalents to the following:
- •III. Complete these sentences using the words from the list below and translate the sentences into Russian:
- •IV. Translate into English:
- •V. Answer some questions on the Text:
- •Topic 6. Accounting
- •Read and memorize the following words and word combinations:
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Give Russian equivalents to the following:
- •III. Read and translate the definitions of the basic accounting terms:
- •IV. Agree or disagree with the statements:
- •V. Fill in the gaps using the words given:
- •VI. Complete as in the text:
- •VII. Translate from Russian into English:
- •VIII. Answer some questions:
- •Topic 7. Financial statements
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Give Russian equivalents to the following:
- •III. Read and translate the definitions of the basic financial terms: assets and liabilities
- •V. Fill in the gaps using the words given:
- •VI. Are the following statements true or false?
- •VII. Complete the sentences referring to the information from the text.
- •VIII. Translate from Russian into English:
- •IX. Answer some questions:
- •Topic 8. Money and its functions
- •Vocabulary
- •Different kinds of money
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •IV. Complete these sentences using the words from the list below and translate the sentences into Russian:
- •V. Are the following statements true or false?
- •VI. Translate into English:
- •VII. Answer some questions:
- •Topic 9. Banks and banking
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read and translate the definitions of the basic banking services terms: Banking services
- •III. Complete these sentences with appropriate words оr word combinations and translate the sentences into Russian:
- •IV. Complete the following sentences in any way you like.
- •V. Translate into English:
- •VI. Summarize the contents of the Text using these questions as an outline.
- •Topic 10. Banking system
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read and translate the definitions of the basic banking terms:
- •III. Choose the necessary word and put it in the sentence:
- •IV. Translate into English:
- •V. Answer some questions:
- •Topic 11.
- •International banking and international economic institutions world bank
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Fill in the gaps using the words given
- •V. Translate into English
- •International monetary fund
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Which of the following is true?
- •IV. Translate into English:
- •V. Answer some questions on the Text:
- •Topic 12. Monetary policy
- •Vocabulary
- •Comprehension check
- •I. Suggest the Russian equivalents:
- •II. Find in the text English equivalents for the following:
- •III. Fill in the gaps with the words and expressions from the text:
- •V. Translate into English using all the active possible
- •VI. Answer the questions:
- •Topic 13.
- •Import and export
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Fill in the gaps using the words given
- •V. Read and translate into Russian:
- •Incoterms 2000
- •Incoterms (The most common ones are shown with *.)
- •VI. Translate into English:
- •VII. Answer the questions:
- •Topic 14.
- •Insurance
- •Memorize the following words and word combinations:
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Substitute the proper English words from the list below for the Russian words in brackets.
- •III. Are the following statements true or false?
- •IV. The following sentences relate to various aspects of insurance. Choose the word which best fits each space.
- •V. Translate into English
- •VI. Answer some questions on the Text:
- •Topic 15.
- •International investing
- •Investors
- •Memorize the following words and word combinations:
- •Comprehension check
- •The risks of international investing
- •Comprehension check
- •I. Give Russian equivalents to the following:
- •II. Complete sentences according to the information in the text.
- •III. Which explanation of economic terms is correct?
- •IV. Read and translate the definitions of the basic investment and securities terms:
- •V. Give Russian equivalents to the following:
- •VI. Choose the necessary word and put it in the sentence:
- •Interest
- •VII. Translate into English:
- •6.030509 «Учет и аудит», 6.030504 «Экономика предприятия»
- •98309 Г. Керчь, Орджоникидзе, 82.
Comprehension check
I. Give English equivalents to the following:
Распределять ресурсы, удовлетворять неограниченные потребности, владеть и управлять бизнесом, вмешиваться, частное предпринимательство, частная собственность на средства производства, частный капитал, распределение доходов, правительственные власти, основные экономические проблемы, состояние экономики, уровень занятости, распределять ресурсы, имеющиеся в распоряжении ресурсы, иметь высокий жизненный уровень, факторы производства, зависеть от, размещение и распределение ресурсов, быть конкурентоспособным, большой объем, центральное планирование и руководство, частный сектор, взаимодействовать в решении проблем.
II. Read the words and guess their meanings:
Factors of production, production and consumption, natural resources, capital and entrepreneurship, competitive, state ownership, public property/common ownership, large-scale intervention, state-controlled industry, considerable economic freedom of choice, the government controls a share of the output, labour-intensive production, to allocate the factors of production, the problem of allocating resources, the subject matter of economics, money paid as wages, rent and other forms of income, to specialize in particular tasks, the standard of living, in a decentralized way, in response to the demands of consumers, in solving economic problems.
III. Are the following statements true or false?
There are five main economic systems.
Economics is concerned with everyday issues, such as unemployment, prices, wages etc.
The allocation of scarce resources is the only subject matter of economics.
A cornerstone of the market system is that production alters swiftly to meet changing demands.
In a market economy the government takes all the decisions in the management of the economy.
If some economic decisions are taken by the government, we have a centralized economy.
Market economies are sometimes called “command economies”.
Command economies tend to be slow when responding to changes in people’s tastes and fashions.
There is no incentive for individuals to work hard in planned economies.
In a free market individual people are free to pursue their own interests.
In a market economy there is a maximal control on working conditions and safety standards concerning goods and services.
IV. Complete these sentences with the words in appropriate form and translate the sentences into Russian:
1. Economics is the study of how people choose _______scarce resources to satisfy their _____ .
2. It also deals with different _____ questions, especially ______ with labour, finance, taxation etc.
3. An economic system is the way in which a country uses its _____ to satisfy the demands of ___
for goods and services.
4. The more goods and services that can be produced, the higher the standard of living _____ by the country’s citizens.
5. Economists _________economic systems into ____ Western _________ are _____ mostly ________ economic systems in which economic events are the outcome of _________ decisions.
6. If government planners _______ some of the most important ________ decisions, the economy is __________.
7. Planned economies are economies with _____ of _____ , when the government _____ all ___ , decides ___ and ___ .
8. There is no ___ for individuals to work hard in planned economies.
9. ___ contains elements of both market and planned economies.
10. In a mixed economy the government and the private sector ___ in ___ .