- •Text 1. History of economic thought
- •1Complete each sentence with a word or phrase from the box.
- •2 Now read the text again and decide whether these statements are true or false.
- •Exercises
- •1 Choose the correct answer a, b or c from the list below.
- •3. Discuss these questions with your partner.
- •Exercises
- •1.Complete each sentence with a word or phrase from the box.
- •Exercises
- •1.Match the words and phrases with the definitions.
- •2.Now read the text again and answer these questions in your own words in the space provided below.
- •3.Now listen and tick which transactions in the list are mentioned.
- •Exercises
- •1. Choose the correct answer a, b or c from the list opposite.
- •2. Now read the text again and choose the sentence which best summarises each paragraph.
- •3.Discuss this question with your partner.
- •Exercices
- •1.Match the words and phrases with the definitions.
- •2. Now read the text again and decide whether these statements are true or false. If the statement is false, correct it.
- •3.Discuss this question with your partner.
- •4. Try to complete this paragraph about autarchies by using words from the box.
- •Exercises
- •1.Match the words with the definitions.
- •2.Now read the text again and match each paragraph with the correct heading.
- •Exercises
- •Match the words and phrases with the definitions.
- •3. Discuss these questions with your partner.
- •Exercises
- •1. Answer the questions.
- •2. Choose the necessary word and put in the sentence.
- •Exercises
- •1.Choose the correct answer a, b or c from the list opposite.
- •2. Now complete each sentence with words. Then listen and check your answers.
- •4. Discuss the following with your partner.
- •Exercises
- •1.Now read the text again and answer these questions in your own words in the space provided below.
- •2 Choose the correct answer.
- •In the real economy:
- •Exercises
- •I. Match the words with the definitions.
- •II.Now read the text again and complete the sentences below in your own words in the space provided.
- •III. Discuss these questions with your partner.
- •Dialogue
- •Exercises
- •1.Choose the necessary word and put it in the sentence.
- •Answer the questions.
- •Make transformations according to the model.
- •Exercises
- •Answer the questions.
- •2. Choose the necessary word and put it in the sentence.
- •Exercises
- •1. Change the sentences according to the model.
- •Make up the conditional sentences.
- •3. Answer the questions.
- •Exercises
- •Dialogue
- •Exercises
- •Exercises
- •1.Complete each sentence with a word or phrase from the box.
- •3 Now listen and complete the summary with words or numbers.
- •5. Give a two-minute talk on price. First make notes below on the following.
- •6. Imagine that you’ve got a good idea for an Internet commerce site (an Internet site which is also a business).Tell your friend what your idea is.
- •Dialogue
- •Change the sentences according to the model.
- •2. Change the sentences according to the model.
- •3. Answer the questions.
- •4. Make sentences interrogative and negative.
- •5. Choose the necessary modal verb and put it in the sentence.
- •1. Complete each sentence with a word.
- •Exercises
- •Dialogue
- •Exercises
- •Change the sentences according to the model.
- •3. Answer the questions.
- •Exercises
- •Dialogue
- •Exercises
- •I. Transform the sentences according to the model.
- •III. Answer the questions.
- •I. Answer the questions.
- •II. Select the necessary word in the sentence.
- •Dialogue
- •Exercises.
- •Exercises
- •I. Answer the questions.
- •Dialogue
- •Exercises
- •III. Answer the questions.
- •Exercises
- •1. Answers the questions.
- •2. Choose the necessary word and put.
- •3. Put the verbs in brackets into the proper present tense
- •Dialogue
- •Exercises
- •Transform the sentences according to the model.
- •Exercises
- •Exercises
- •II. Read the text again and choose the best answer or answers for each question.
- •Informal letter
- •Iy Work in groups of three or four. Imagine you and your friends are running the country.Things are not going well! Here are some of your problems.
- •Dialogue
- •Exercises
- •Give affirmative and negative answers to the questions.
Exercises
I. Complete each sentence with a word or phrase.
■ can't be bothered ■ mobility ■ tastes ■ contracts ■ freelance ■ obsolete region ■ relocates ■ retrain shipyard
1 People's......................in clothes change with fashion and with their age.
2 If you......................to do something, you just don't feel like doing it.
3 When something......................, it gets smaller.
4 A......................is an area of a country.
5 When a company......................to another part of the country or abroad, many workers lose their jobs.
6......................workers are not employees for a company, but are self-employed.
7 If something is.......................it no longer exists because it isn't needed anymore.
8 If you lose your job due to mechanisation, you may have to go to college and......................for something else.
9 A......................is where ships are built,
10 Your......................is your ability to move from one place to another.
II. Read the text again and choose the best answer or answers for each question.
1 Which kind of unemployment happens regularly every year?
A cyclical unemployment
B structural unemployment
C frictional unemployment
D seasonal unemployment
2Which kind of unemployment happens because of advances in technology?
A cyclical unemployment
B structural unemployment
C frictional unemployment
D seasonal unemployment
III. Imagine you are a shipyard worker who has just become unemployed because the government has decided to close down the shipyards. Write a letter to a friend explaining what's happened and how you feel about it.
Informal letter
Use this plan to help you.
Greeting
PARAGRAPH 1
Thank your friend for his/her last letter. Respond to a piece of news he/she had in his/ her letter. Tell your friend your bad news.
PARAGRAPH 2
Explain how you lost your job. Explain what the government's reasons were for closing the yard (inflation made exports uncompetitive).
PARAGRAPH 3
Explain how you feel about losing your job. How is it affecting you and your family?
PARAGRAPH 4
Explain what you're planning to do (retrain / relocate?).
Iy Work in groups of three or four. Imagine you and your friends are running the country.Things are not going well! Here are some of your problems.
-» unemployment is high (12%)
-» the rate of inflation is also high
-» workers are going on strike for higher wages
your large steel industry is losing money because of foreign competition
Talk to each other and decide which of these problems is the most important. Then decide what you can do to make things better. In your discussion think about:
-» retraining / relocation of workers
-» cost-push inflation
-» the money supply
Y. Discuss these questions with your partner.
The chart below shows the trends in unemployment in two countries. Look at the chart, and answer these questions.
-» What does the vertical axis show?
-» What does the horizontal axis show?
-» What two countries are shown?
-» How many years are shown?
-» Are there any similarities between the curves for the two countries?
-» Is inflation a problem in your country? Why / Why not?
-» How does unemployment affect people psychologically?
-» What kind(s) of unemployment do you think affect the area where you live?