
- •Contents
- •Unit 1 Economic Activity
- •Do your parents produce goods or services?
- •Why do they work? List as many reasons as possible.
- •1. In the text find single words in italics for which these words and word combinations can be substituted:
- •To get money by working;
- •2. Say whether these statements true (t) or false (f), and if they are false say why.
- •3. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •4. Give English equivalents to the following words and word combinations from the text:
- •5. In each of the sentences a word is missing. Provide a word or word combinations from the text:
- •6. Work in pairs. Spot mistakes in the following sentences and correct them:
- •7.B Find adjectives in the text to the following nouns:
- •8. Supply the missing prepositions where necessary:
- •9.A Combine some of the words in these sentences in order to make new compound nouns:
- •9.B Invent your own compound nouns
- •10. Paraphrase the following sentences, substituting the words from your active vocabulary for the underlined words:
- •11. Rearrange the words to make up sentences:
- •13. Extend the idea:
- •14. Complete the dialogue, translating Ukrainian sentences into English:
- •15.Translate into English:
- •Unit 2 The science of economics
- •4. Read the following text and check your answers:
- •1. In the text find single words in italics for which these words and word combinations can be substituted:
- •2. Answer the following questions:
- •3. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •5. Cross out an odd word:
- •6. Match a word from column a with one from column b. Then make a sentence for each word partnership:
- •7. In each of the sentences a word is missing. Provide a word or word combinations from the text:
- •8. Supply the missing prepositions where necessary:
- •9.A Make up words which relate to the word “economy” and translate them with the help of the vocabulary:
- •9.B Use these new words to complete the sentences below.
- •10. Work in pairs. Spot mistakes in the following sentences and correct them:
- •11.A In English, you can make the name of the person who does a job by adding one of the following suffixes:
- •11.B Add one of the suffixes to the following words. You will have to change some of the words a little.
- •13. Complete the dialogue, translating Ukrainian sentences into English:
- •14. Translate into English:
- •15. Extend the idea:
- •16. Do the crossword:
- •17. Write a letter to your friend abroad giving the main reasons of your entering the School of Economics of Kharkiv National University.
- •Unit 3 Different economic systems
- •1. Work in groups or as a class. Discuss the following questions:
- •2. Work with a partner. Ask him/her if he has friends or relatives from Ukraine abroad. What countries are they from? What nationalities are they?
- •3. In geography and economics we often refer to the parts of the world rather than list countries by name, e.G. The Middle East. Below there are 24 countries. List them under these five headings:
- •Answer the questions:
- •Complete these definitions with the words below:
- •3. Read the text and check your answers:
- •1. In the text find single words in italics for which these words and word combinations can be substituted:
- •2. Answer the questions:
- •Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •4. Give English equivalents to the following words and word combinations from the text:
- •5. Cross out an odd word:
- •6. In each of the sentences a word is missing. Provide a word or word combinations from the text:
- •7. Supply the missing prepositions where necessary:
- •8. Match a word from column a with one from column b. Then make a sentence for each word partnership:
- •9. Work in pairs. Spot mistakes in the following sentences and correct them:
- •10. Supply the missing articles where necessary:
- •11. Rearrange the words to make up sentences:
- •12. Arrange these sentences in order to make a logical paragraph about the American and Chinese economies. Use connections however and while.
- •14. Find ten more names of countries in the square. You can read across and down:
- •15. Translate into English:
- •16. Extend the idea:
- •1. Answer the questions:
- •Work in pairs. Look at the following words. Do you know them? If not, look them up in your dictionary.
- •2. Complete the definitions with the words above:
- •1. Say whether these statements true (t) or false (f), and if they are false say why.
- •7. Supply the missing prepositions where necessary:
- •8. In each of the sentences a word is missing. Provide a word or word combinations from the text:
- •9. Work in pairs. Spot mistakes in the following sentences and correct them:
- •10. Paraphrase the following sentences, substituting the words from your active vocabulary for the underlined words:
- •11. Rearrange the words to make up sentences:
- •12.B Using the list of adjectives above complete these sentences with the appropriate words in their negative forms:
- •13.B Using the list of adjectives above complete these sentences with the appropriate words in their negative forms:
- •14. Do the crossword.
- •15. Extend the idea:
- •16. Complete the dialogue, translating Ukrainian sentences into English:
- •17. Translate into English:
- •Unit 5 Command and market economies
- •1. Answer the following questions:
- •2. Complete these definitions with the words below:
- •3. Read the text and check your answers.
- •1. Say whether these statements true (t) or false (f), and if they are false say why.
- •2. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •3. Give English equivalents to the following words and word combinations from the text:
- •4. Match the words from column a with the words from column b:
- •5. In each of the sentences a word is missing. Provide a word or word combinations from the text:
- •6.B Complete the following sentences with these adverbs:
- •7. Supply the missing prepositions where necessary:
- •8.Match the words from column a with the words from column b which mean the opposite:
- •9. Rearrange the words to make up sentences:
- •12. Extend the idea:
- •13. Do the crossword:
- •15. Translate into English:
- •Unit 6 Mixed economies
- •1. Work in groups or as a class. Discuss the following questions:
- •Look up in a dictionary what these abbreviations stand for and complete the sentences:
- •4. Work with a partner. Fill in the gaps:
- •Work with a partner. List as many companies as you know with abbreviated names. What countries are they in? What line of business are they in?
- •Answer the questions:
- •4. Read the text and check your answers:
- •1. In the text find single words in italics for which these words and word combinations can be substituted:
- •2. Say whether these statements are true (t) or false (f), and if they are false say why.
- •Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •Give English equivalents to the following words and word combinations from the text:
- •5. Cross out an odd word:
- •6. Complete the following sentences with words or word combinations from the text:
- •7. Match an adjective from column a with a noun from column b:
- •8. Match a verb from column a with a noun/nouns from column b. Then make a sentence for each word partnership:
- •9. Work in pairs. Spot mistakes in the following sentences and correct them:
- •10. Supply the missing articles where necessary:
- •11. Supply the missing prepositions where necessary:
- •12. Change these sentences by modifying certain adjectives into verbs.
- •13. Rearrange the words to make up sentences:
- •14. Combine these pairs of sentences in the two ways shown in the example.
- •15. Arrange these sentences in order to make a logical paragraph about the National Economic Development Council:
- •16. What-section. Translate the following sentences:
- •18. Complete the following sentences with suitable words:
- •19. Translate into English:
- •20. Extend the idea:
- •21. Write 300 words on the topic “Mixed economies”. Use the material provided in the texts and exercises.
- •Unit 7 Revision and conclusion
- •I. Choose the right answer:
- •II. Say what is true and what is false. Correct the false sentences:
- •III. Translate into English:
- •IV. Write a summary (about 250 words) using the underlined words in the text.
- •T 100 otal
- •Unit 8 Utility and prices
- •Text a
- •1. Find words in the text for which these words and word combinations can be substituted:
- •2. Say whether these statements true (t) or false (f), and if they are false say why.
- •3. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •4. Give English equivalents to the following words and word combinations from the text:
- •5.Complete the following sentences with words or word combinations from the text:
- •6. Match a verb from column a with a noun from column b. Then make a sentence for each word partnership.
- •7. Rearrange the words to make up sentences:
- •Finish the following sentences from memory:
- •Read the passage and fill in the gaps with the following words (the words may be used more than once):
- •Text b
- •1. Read these headlines. Suggest what they could mean. What do they tell you? Having read these headlines can you guess what the text is going to be about?
- •How Long Can a Commodity Satisfy a Want?
- •2. Read the text and choose the heading which from your point of view suits best:
- •1. The following are dictionary definitions of words or phrases in the text. Guess what these words are.
- •2.Say whether these statements true (t) or false (f), and if they are false say why.
- •3. Answer the following questions:
- •4. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •5. Give English equivalents to the following words and word combinations from the text:
- •6. Supply the missing prepositions where necessary:
- •7. Match an adjective from column a with noun/nouns from column b. Then make a sentence for each word partnership.
- •8. Extend the idea:
- •9. Finish the following sentences from memory:
- •10. Translate into English:
- •Vocabulary
- •Unit 9 Supply and demand
- •1. Imagine you are a producer. You have goods which have cost you a lot to produce, but there are a lot of such things in the market. What would you do:
- •1. Match these definitions with the words below:
- •4. Read the text and check your answer.
- •1. In the text find single words in italics for which these words can be substituted:
- •2. Answer the questions:
- •3. Say whether these statements true (t) or false (f), and if they are false say why.
- •4. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •5.Give English equivalents to the following words and word combinations from the text:
- •7. Below are pairs of the sentences. In the first sentence there is a verb in italics. In the second sentence there is a blank. Make the italicized verb into a noun in order to fill the blank.
- •8. Supply the missing articles where necessary:
- •Discuss the following question in small groups:
- •2. Read the text and check your answers:
- •1. Say whether these statements true (t) or false (f), and if they are false say why.
- •2. Answer the questions:
- •3. Look through the text again and give Ukrainian/Russian equivalents to the following English words and word combinations:
- •4. Give English equivalents to the following words and word combinations from the text:
- •5. Change these sentences using the auxiliary verbs do or did. These verbs are used for emphases.
- •Vocabulary
- •Unit 10 Labour and capital
- •1. Do this quiz individually. Then compare your answers with a partner:
- •2. Read the following definitions for the term ‘money’. Which one from your point of view is the most appropriate?
- •3. Read the text and check your answers:
- •1. In the text find single words in italics for which these words can be substituted:
- •2. Say whether these statements are true (t) or false (f), and if they are false say why.
- •8. Match an adjective from column a with nouns from column b. Then make a sentence for each word partnership:
- •9. Make the words negative by using the prefix dis-:
- •10. Combine these sentences by using not only … but also. This combination creates a contrast.
- •11. Complete the dialogue, translating Russian sentences into English:
- •12. Finish the following sentences from memory:
- •2. Read the following text:
- •1. In the text find single words in italics for which these words and word combinations can be substituted:
- •2. Say whether these statements are true (t) or false (f), and if they are false say why.
- •7. Work in pairs. Spot mistakes in the following sentences and correct them:
- •8. Finish the following sentences from memory:
- •9. Translate into English:
- •10. Extend the idea:
- •Unit 11 Markets and monopolies
- •Say whether these statements true (t) or false (f), and if they are false say why.
- •9. Supply the missing prepositions where necessary:
- •12. Paraphrase the following sentences, substituting the words from the text for the underlined words:
- •2. Answer the questions:
- •Read the text and check your answers:
- •1. The following are dictionary definitions of words in the text. Guess what these words are.
- •2. Say whether these statements are true (t) or false (f), and if they are false say why.
- •Match an adjective from column a with a noun from column b. Then make a sentence for each word partnership.
- •8. Cross out an odd word:
- •9. Extend the idea:
- •10. Arrange these sentences in order to make a logical paragraph about the market and translate them into English:
- •11. Translate into English:
- •Unit 12 Conclusion
- •I. Choose the right answer:
- •II. Say what is true and what is false. Correct the false sentences:
- •III. Translate into English:
- •Write a summary of the text (about 400 words).
18. Complete the following sentences with suitable words:
national (adj.), nation (n.), nationalize (v.), nationalism (n.), nationalist (n.)
The USA is the homeland of the American ________.
Most countries have ______ banks, such as the Bank of England.
The Socialist Party has plans to ______ various privately owned industries.
In the last twenty years ______ has been a strong political force leading to the formation of many new nations.
A person who is interested in the progress and history of his own country may be called a ______.
19. Translate into English:
У світі існує багато розвинутих та слаборозвинутих капіталістичних і соціалістичних держав. Вони різні за ідеологією, але більшість з них мають змішану економіку.
Багато видатних промисловців досягли своєї мети, завдяки економічній політиці, яку проводить уряд.
Підйом та кризи виробництва існують у кожній країні? Так, жодна держава не може цього уникнути, навіть така розвинута, як США. Економіка кожної країни має циклічний шлях розвитку
Голова нашого підприємства планував співпрацювати з чеськими виробниками, але політичні зміни вплинули на цей план несподіваним чином.
Коли виробники приватного підприємства знизили якість до мінімуму, Рада з Національного Економічного Розвитку заборонила продаж цього товару на території країн Європейського Союзу.
Дуже важко планувати наперед виробництво в економіці змішаного типу.
Багатьом людям подобається працювати у приватному секторі економіки, тому що там заробітна платня вище та умови праці краще.
20. Extend the idea:
A mixed economy possesses some of the qualities that the two main economic systems have.
Public sector differs greatly from the private one.
It is impossible to plan ahead in any economic system.
21. Write 300 words on the topic “Mixed economies”. Use the material provided in the texts and exercises.
QUESTIONS FOR DISCUSSION
Why are under-developed nations interested in long-term planning?
What can affect the economy?
ROLE-PLAY
Work as a group. Each of you is the President of X-land. (You may choose any country you like). You are going to take part in the global AGM presenting the economic system of the chosen country. Spend a few minutes thinking over what you will say. Prove that your country’s economic system is so successful.
Use the following expressions while talking:
Let me introduce myself.
My name is …
As you know …
I think …/ In my opinion …/It seems to me
On the one hand … on the other hand
However …
To sum up …
Thanks very much. Any questions?
VOCABULARY
English |
Ukrainian |
Russian |
To affect (v.) |
впливати |
влиять |
To classify (v.) |
класифікувати |
классифицировать |
Free enterprise |
приватне підприємництво |
частное предпринимательство |
Distinction (n.) |
розходження |
различие |
Eminent (adj.) |
видатний |
выдающийся |
Giant companies |
гігантські компанії |
гигантские компании |
To guide |
керувати |
руководить |
Leading (adj.) |
ведучий |
ведущий |
Long-term planning |
довгострокове планування |
долгосрочное планирование |
Mixed economy |
змішана економіка |
экономика смешанного типа |
National Economic Development Council |
Рада з національного економічного розвитку |
Совет по национальному экономическому развитию |
National production |
національне виробництво |
национальное производство |
Nationalized industry |
націоналізована промисловість |
национализированная промышленность |
Natural disaster |
стихійне лихо |
стихийное бедствие |
To plan ahead |
планувати наперед |
планировать на будущее |
Production targets |
виробничі цілі |
производственные цели |
Public and private sectors of the economy |
громадський та приватний сектори економіки |
общественный и частный секторы экономики |
Rigidly |
строго |
строго |
To set up an official planning body |
заснувати офіційний планувальний орган |
учредить официальный орган по планированию |
Trade Union Congress |
Профспілка |
Профсоюз |
Under-developed countries |
слаборозвинуті країни |
слаборазвитые страны |