- •Part I. Lesson 1
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: what is economics?
- •III. Retell the text according to the following questions:
- •VIII. Look at the statements. Say if they are true or false:
- •IX. Fill in the gaps, using the following words: economy, economist, economic, economics, economise, economical.
- •X. Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Read the text and answer the questions:
- •Read and remember some English idioms useful for businessmen:
- •Lesson 2
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: the functions of every economic system
- •Give English equivalents of the following words:
- •Read and translate the sentences paying attention to the functions of the Infinitive:
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •Change the sentences into the Passive voice:
- •Open the brackets using the Present Indefinite Tense in the Passive voice:
- •Translate the following extract in written form:
- •Read the text and explain its main idea.
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson з
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: business. Forms of business
- •III. Retell the text according to the following questions:
- •Make a translation of such words and word-combinations:
- •Fill in the blanks with appropriate words:
- •Translate into English:
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Read the text and answer the questions:
- •Read and remember some English idioms useful for businessmen:
- •Lesson 4
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: marketing
- •III. Retell the text according to the following questions:
- •Make up sentences.
- •VII. Fill in the blanks with appropriate words:
- •VIII. Ask for your friend's opinions concerning the following statements:
- •IX. Read and translate the meanings of the following terms. Translate the sentences with them.
- •X. Translate the sentences into English in written form:
- •Translate the following extract in written form:
- •Read the text and answer the questions:
- •Supply and demand
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 5
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: exchanges
- •III. Retell the text according to the following questions:
- •VII. Translate from Ukrainian into English:
- •Match the word on the left with the statement on the right:
- •IX. Make up sentences.
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •XI. Translate the following extract in written form:
- •XII. Read the text and answer the questions:
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 6
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: accounting and bookkeeping
- •III. Retell the text according to the following questions:
- •VII. Match the word on the left with the statement on the right;
- •VIII. Choose the best alternative to complete the sentence:
- •IX. Match the questions with the answers:
- •X. Read and translate the meanings of the following terms. Translate the sentences with them.
- •XI. Translate the following extract in written form:
- •XII. Read the text and answer the following question:
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 7
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: auditing
- •III. Retell the text according to the following questions:
- •VI. Translate from English into Ukrainian. Replace the Infinitives in brackets by the Past Indefinite or the Past Perfect:
- •VII. Match the questions with the answers:
- •VIII. Read and translate jokes:
- •IX. Match the word on the left with the statement on the right:
- •Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •XII. Read the text and answer the following question:
- •Who is auditor?
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 8
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: management and manager
- •III. Retell the text according to the following questions:
- •VI. Translate the sentences paying attention to the different ways of comparison in the following patterns:
- •VII. Match the word on the left with the statement on the right:
- •VIII. Fill gaps with prepositions where necessary. Translate the sentences:
- •IX. Read and translate the meanings of the following terms. Translate the sentences with them.
- •X. Translate into English.
- •XI. Translate the following extract in written form:
- •XII. Read the text and answer the question:
- •Management
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 9
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: banks
- •III. Retell the text according to the following questions:
- •VI. Choose the best alternative to complete the sentences:
- •VII. Translate into Ukrainian paying attention to the use of different types of conditional sentences:
- •Match the words with the correct definition from the list below.
- •IX. Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Look through the excerpt and then fill the spaces with necessary words. Translate the text into Ukrainian.
- •XII. Read the text and answer the questions:
- •Bank organization
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 10
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: different companies
- •Translate the sentences paying attention to different functions of the Infinitive:
- •Speak on the situations:
- •VIII. Read and translate the meanings of the following terms. Translate the sentences with them.
- •IX. Translate into English:
- •X. Fill the blanks with the correct words:
- •Translate the following extract in written form:
- •Read the text and answer the question:
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 11
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: negotiable instruments
- •VII. Read and translate the following conditional sentences:
- •VIII. Choose the best alternative to complete each sentence:
- •IX. Fill the blanks with necessary words. Translate the sentences into Ukrainian.
- •X. Read and translate the meanings of the following terms. Translate the sentences with them.
- •Translate the following extract in written form:
- •Read the text and answer the questions.
- •XIII. Read and remember some English idioms useful for businessmen:
- •Lesson 12
- •I. Read the following words and word combination and learn their meanings by heart:
- •II. Read and translate the text: statistics
- •III. Retell the text according to the following questions:
- •VI. Translate the sentences from Ukrainian into English.
- •VII. Read and translate the meanings of the following terms. Translate the sentences with them.
- •VIII. Translate the following extract in written form:
- •IX. Translate the sentences into Ukrainian:
- •X. Read and translate the sentences with the emphatic construction:
- •XI. Translate the sentences. Pay attention to the singular and plural forms of the underlined nouns:
- •XII. Read the text and answer the questions.
- •Statistics for all
- •XIII. Read and remember some English idioms useful for businessmen:
- •Text 2 prices
- •Text 3 the structure of a company
- •Text 4 advertising
- •Text 5 money
- •Text 6 hryvnya
- •Text 7 bookkeeping
- •Text 8 why management is needed
- •Text 9 managing director
- •Text 10 requirements for obtaining a loan
- •Text 11 banks
- •Text 12 accounting
- •Text 13 auditing
- •Text 14 special terms
- •Text 15 accounts
- •Text 16 micro-and macroeconomics
- •Text 17 the banking history
- •Text 18 marketer's activities
- •Text 19 on money
- •Text 20 how money arose
- •Text 21 marketing strategy and planning
- •Text 22 the american economic system
- •Vocabulary
- •Contents
- •Part II. Supplementary reading
XIII. Read and remember some English idioms useful for businessmen:
Take a different tack - to use a different approach; піти іншим шляхом; застосовувати інший підхід.
Take a leaf out of someone's book - to follow someone's example; наслідувати кого: брати приклад з кого.
Cut-throat competition - ruthless competition by any method; безжалісна конкуренція.
Lame ducks - companies in trouble and needing outside help; "кульгаві каченята", тобто компанії, що потребують фінансової допомоги.
Lesson 11
I. Read the following words and word combination and learn their meanings by heart:
Negotiable instrument - обіговий документ (що передається шляхом вручення або індосаменту); endorsement -індосамент, підтвердження, передавальний напис (на чеку), підпис на звороті (документа); endorse - індосувати, підписуватися, робити передавальний напис; endorsee - індосатор, жират; maker - особа, що видала грошове зобов'язання; commercial paper -короткотерміновий комерційний вексель, (цінні папери); promissory note - простий вексель, боргове зобов'язання; promise - обіцянка; notation - нотація, зображення умовними знаками; mortgage - заставна; note - авізо (письмове повідомлення банку); certificate of deposit - депозитний сертифікат; to acknowledge - визнавати, підтверджувати; draft - трата, переказний вексель; drawer - трасант; drawee payee - одержувач грошей по чеку (векселю), ремітент; designated - призначений; to issue - випускати, пускати в обіг; credit instruments - боргові [кредитні] зобов'язання (векселі,чеки, акцепти, облігації).
II. Read and translate the text: negotiable instruments
The relation of borrowing and lending centers largely around a negotiable instrument. A negotiable instrument is a written evidence of some contractual obligation and is ordinarily transferable from one person to another by endorsement. It is frequently referred to as negotiable paper or commercial paper.
The person who endorses a negotiable instrument and transfers it to someone else is known as the endorser. The person to whom he transfers the negotiable instrument is referred to as the endorsee.
The most common forms of negotiable instrument are (a) promissory notes and (b) checks. Other forms of negotiable instruments include certified checks, bank drafts, cashier's checks, and bank money orders.
Promissory Notes. The promissory note is the simplest form of commercial paper; it is simply a promise to pay money. In a promissory note, one person (known as the maker) makes an unconditional promise in writing to pay another person (the payee), or a person specified by the payee, a specified sum of money either on demand or at some particular time in the future.
The promissory note is primarily a credit instrument. It is used in a wide variety of transactions in which credit is extended. For example, if you purchase an automobile on credit, the dealer will probably have you sign a promissory note for the unpaid balance of the purchase price. Similarly, if you buy a house, the lender who takes a mortgage on the house will have you sign a promissory note for the amount due on the mortgage. The note will probably have a notation on it that it is secured by a mortgage. The terms of payment of your note should correspond with the terms of your sales contract for the purchase of the car or the house.
Certificates of Deposit. The certificate of deposit that your bank or savings and loan association may give you when you make a deposit of money is a form of commercial paper and a type of note. Like the promissory note, the certificate of deposit is a promise to pay money. When a bank issues a certificate of deposit (CD), it acknowledges that it has received a deposit of a specific sum of money. It also agrees to pay the owner of the certificate the sum of money plus a stated rate of interest at some time in the future.
Draft. A draft is a form of commercial paper that involves an order to pay money rather than a promise to pay money. The most common example of a draft is a check. A draft has three parties to it: One person (known as the drawer) orders a second person (the drawee) to pay a certain sum of money to a third person (the payee). Drafts other than checks are used in a variety of commercial transactions. However, they are used much less frequently than checks.
Checks. A check is a draft that is payable on demand and on which the drawee is always a bank. The check is the most widely used form of commercial paper. By issuing a check, you are ordering the bank at which you maintain an account to pay a specified person, or someone designated by that person, a certain sum of money from your account.
III. Retell the text according to the following questions:
1. What is the promissory note? 2. Where is the promissory note used?
3. What is the certificate of deposit? 4. What is a draft and where is it used?
5. What is the most common example of a draft? 6. Where are drafts used?
7. What is a check and where is it used?
IV. Learn the following groups of:
synonyms:
Paper - document, to purchase - to buy, probably - possibly, price - cost, amount - sum, to issue - to publish, widely - extensively, specific - special, simple - common, payee - receiver, specified - certain - particular, fraud -deception.
antonyms:
To purchase - to sell; frequently - seldom, rarely; include - exclude; maker - payee; endorser - endorsee; to pay - to receive; simple - complex; sufficient - insufficient; to submit - to return.
V. Translate the following words and word combinations:
a promise, the promissory note, payee, demand, transaction, to purchase, dealer, the purchase price, mortgage, the certificate of deposit, savings, loan to issue, rate of interest, payable, to maintain an account.
VI. Translate into English:
1. Батьківщиною векселя є Італія часів середньовіччя. 2. Простий вексель - це найбільш поширена форма короткотермінового комерційного векселя. 3. Виписуючи чек, ви наказуєте банку, в якому тримаєте рахунок, виплатити певній особі зазначену суму грошей з вашого рахунку. 4. Найпростішим прикладом переказного векселя є чек. 5. В борговому зобов'язанні в письмовій формі одна особа зобов'язується заплатити іншій зазначену суму грошей. 6. До обігових документів входять прості векселі, чеки, посвідчені чеки, чеки касирів, трати, виставлені банком на інший банк, і банківські грошові перекази.