Тема №10

10.1. Лексичний блок. Пропозиція. Закони пропозиції. Еластичність пропозиції.

1. What does supply mean?

2. Whose behaviour is supply concerned with?

3. What does the law of supply state?

4. Why does the law of supply have a direct relationship?

5. Why is the law of supply the opposite to the law of demand?

6. What is a supply schedule?

7. What is a supply curve? How does it slope?

8. What is a supply curve based on?

9. What does each point along the curve represent?

10. What does a price change lead to?

11. Why do producers supply more goods at a higher price than at a lower price?

12. What role do prices play for producers?

13. What are the key non-price determinants of supply?

14. How does the cost of production affect the behavior of producers?

15. What does the introduction of new technology result in?

16. Why is it important for producers to use cheap inputs in their production processes?

17. How do future expectations affect the quantity supplied?

18. Why are profit opportunities considered as factors that influence the quantity supplied?

19. Why do potential producers start producing a product?

20. What is elasticity as an economic concept?

21. Why is elasticity important in understanding supply and demand theories?

22. When supply is elastic?

23. What supply is called inelastic?

10.2. Граматичний блок. Пряма та непряма мова. Розповідні речення, загальні та спеціальні запитання в непрямій мові. Наказові речення в непрямій мові.

Модуль 2 тема № 11

11.1. Лексичний блок. Ринкова ціна. Ринкова рівновага.

1. What is a price?

2. Why are prices the key ingredients in a market economy?

3. What is a price system?

4. What functions do prices perform?

5. How do prices ration scarce resources?

6. How do prices perform production-motivating function?

7. Why do prices act as signals to buyers and sellers?

8. In what way does the price system provide answer to the question of What to produce?

9. How does the price system provide answer to the How question?

10. Why do producers do their best to reduce production costs?

11. What is the producers’ main incentive?

12. What is an equilibrium price?

13. Why is it important to find equilibrium prices in markets?

14. Why does the law of demand put limits on suppliers while consumers are limited by the law of supply?

15. What is excess supply?

16. What process occurs to bring the market back into equilibrium, when there is a surplus in the market?

17. What are the ways of reallocating resources when the established price is below the market equilibrium?

18. What is a shortage and when does it develop?

19. What is the difference between scarcity and shortage?

20. What does a decrease in demand lead to?

21. What does an increase in supply result in?

22. How is an economic equilibrium represented graphically?

11.2. Граматичний блок. Неособові форми дієслова: дієприкметник. Форми та функції дієприкметника в реченні.

Тема №12

12.1. Лексичний блок. Ринки та ринкові структури.

1. What is a market?

2. What do economists mean by the market structure?

3. What are the principal types of market structures?

4. What is perfect competition?

5. What are the key characteristics of perfect competition?

6. What is monopolistic competition?

7. What are the key characteristics of monopolistic competition?

8. What is product differentiation?

9. What is oligopoly?

10. What are the key characteristics of oligopoly?

11. What is monopoly? Why does monopoly exist?

12. What is imperfect competition?

13. How does imperfect competition differ from perfect competition and monopoly?

12.2. Граматичний блок. Об’єктний та суб’єктний дієприкметникові комплекси. Незалежний дієприкметниковий комплекс.

12.3. Блок самостійної роботи. Презентація економічної статті обсягом 10 тисяч знаків з автентичних друкованих або електронних джерел (короткий виклад змісту статті у письмовій формі, підготовка дискусійних питань, переклад, усна презентація).