Vocabulary notes

congestion перенаселённость

an individual household отдельное домашнее хозяйство

to aggregate собирать в одно целое, обобщать

the relative output относительный объём производства

general equilibrium theory теория общего равновесия

indirectly induced effects воздействие, вызванное косвенными

причинами

partial analysis частичный (неполный) анализ

consumption потребление

the breakdown of consumer goods классификация (подразделение)

товаров потребления

a single bundle отдельная единица, величина (досл.

набор)

Tasks

I. Match the words from the text with their corresponding definitions.

1) microeconomics a) to attend to a problem,

task, etc.; to manage

2) macroeconomics b) to make sth. easy to do or

understand; to make sth simple

3) to deal with sth. c) a result or an outcome

4) to aggregate d) the study of economic

factors affecting individual

consumers and companies

5) output e) to combine separate items,

sets of data, etc. into a

single group or total

6) consumption f) the using up of food, energy,

resources, etc.

7) treatment g) not obviously aimed at; caused

by or resulting from sth

8) indirect h) the study of economic

factors on a large scale,

e.g. national economies

9) effect i) the process or manner of a

person behaving

towards or dealing with a person or thing

10) to simplify j) the amount of sth. that a person,

a machine or an organization produces