Київський національний економічний університет

Кафедра іноземних мов факультету управління персоналом та маркетингу

Module 1

1St year

Variant 1

І. Write the appropriate key terms to the following definitions.

1. Money value of goods or services.

2. These are physical (tangible) products that businesses produce.

3. Imagination, innovative thinking, and management skills needed to start and operate a business.

4. A choice that involves giving up some of one thing to have more of another.

5. The system that results from choices we make as consumers, workers, business owners or managers, and government officials.

6. The best alternative given up when making a choice.

7. The result of an inability to satisfy all of everyone`s wants.

8. The basic elements used to produce goods and services.

9. An arrangement that allows people to make exchanges with one another.

10. Buildings, tools, and machines people use to produce other goods and services.

II. Choose the correct variant - a, b, c or d - to complete the following sentences.

1. Computers … more and more efficient.

A are becoming B become C have becoming D has become

2. We currently………. a complex of luxury apartments just outside Lourdas.

A has developed B are developing C developed D has been developing

3. Look! Here ……….

A he is coming B is he coming C comes he D he comes

3. Now that there is electricity in the village, Santos ………. of getting his house connected.

A thinks B has thought C is thinking D has been thinking

3. It appears the police ……………….. the investigation.

A are starting B have been starting C has started D is starting

3. The rubbish collectors ……… on Fridays in this area. They ……. rubbish not left in black plastic bags.

A have come, take B come, don`t take C are coming, don`t take D are coming, are taking

3. We …… on many people we never …… to produce goods and services we need.

A depend, meet B are depending, meet C depend, are meeting D have been depending, have been meeting

3. Although stores ……… with goods waiting to be sold, natural, human, and capital resources are scarce.

A have been brimming B brim C are brimming D brims

3. The incidence of street crime ……. by 5% in the last two months.

A has risen B has been rising C has raised D is rising

10. She ……. with the symphony orchestra three times this season.

A plays B is playing C has been playing D has played

ІII. Fill in the gaps with the appropriate form of the word in brackets. Sometimes more than one answer may be correct.

1. Martha … (to find) a new job. She is starting next week.

2. We currently ( to develop) a complex of luxury apartments in Kyiv. The demo apartment will be ready in 6 months.

3. On behalf of our company I (to apologise) for any inconvenience caused.

4. Now I ( to weigh) 70 kilos. I have to eat less.

5. Don`t ask him. He (to be) really difficult at the moment.

6. We`ll make a move as soon as the rain (to stop).

7. …… the government …. (to put up) the minimum wage? Yes, it`s 8$ per hour now.

8. It`s the worst sports program I (to ever see).

9. It`s three months now that I (to learn) how to play tennis.

10. It`s the second time this year they (to increase) the prices on fuel.

ІV. Translate into English.

1. Кількість робочої сили це чисельність робітників у віці від 16 до 65 років.

2. Терміни ‘робоча сила” та “людські ресурси” зазвичай вживаються як синоніми.

3. Деякі економісти включають менеджмент або підприємництво у перелік продуктивних ресурсів.

4. Вільний обмін на ринках є головним чинником організації виробництва товарів та послуг в ринковій економіці.

5. Оскільки виробництво товарів та послуг потребує природних, людських та капітальних ресурсів, економісти називають їх фактори виробництва.