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CONTENTS

Передмова 3

UNIT 1 5

TOPIC: OUR UNIVERSITY

TEXT A, B, C

GRAMMAR: The Noun: Number and Case. The Article

The verbs to be and to have in the Present Indefinite Tense

The Construction there + to be

UNIT 2 25

TOPIC: ECONOMY of UKRAINE

TEXT A, B, C, D

GRAMMAR: The Present Indefinite Tense

The Pronoun: Personal and Possessive

Word Order in the Simple Declarative Sentence

UNIT 3 47

TOPIC: ECONOMY of GREAT BRITAIN

TEXT A, B, C

GRAMMAR: Participle I. The Present Continuous Tense

The Construction to be going to

The Functions of the Verb to be

UNIT 4 64

TOPIC: ECONOMY of the UNITED STATES of AMERICA

TEXT A, B

GRAMMAR: Participle II. The Present Perfect Tense

The Functions of the Verb to have

UNIT 5 78

TOPIC: WHAT IS ECONOMICS?

TEXT A, B, C, D

GRAMMAR: The Past Indefinite Tense.

The Functions of the Verb to do

Future Indefinite Tense. The Imperative Mood

UNIT 6 99

TOPIC: FACTORS OF PRODUCTION

TEXT A, B

GRAMMAR: The Past and Future Continuous Tenses

Degrees of Comparison of Adjectives and Adverbs

Numerals

UNIT 7 117

TOPIC: ECONOMIC SYSTEMS

TEXT A, B, C

GRAMMAR: The Past Perfect Tense. The Future Perfect Tense

Indefinite Pronouns: some, any, no, none

UNIT 8 136

TOPIC: BUSINESS ORGANIZATIONS

TEXT A, B, C

GRAMMAR: The Perfect Continuous Tenses

Indefinite Pronouns: much, many, few, little

UNIT 9 155

TOPIC: MARKETS AND MARKET STRUCTURES

TEXT A, B, C

GRAMMAR: Modal Verbs and their Equivalents

Indefinite Pronoun: one. Indefinite-Personal Sentences

UNIT 10 178

TOPIC: DEMAND

TEXT A, B, C

GRAMMAR: The Passive Voice

Indefinite Pronouns: all, both, either, neither

UNIT 11 199

TOPIC: SUPPLY

TEXT A, B, C

GRAMMAR: Sequence of Tenses. Direct and Indirect Speech

Indefinite Pronouns: every, each

UNIT 12 215

TOPIC: MARKET PRICE

TEXT A, B, C

GRAMMAR: The Infinitive. Forms and Functions

The Prepositional Infinitive Complex

UNIT 13 233

TOPIC: LABOUR

TEXT A, B, C

GRAMMAR: The Objective Infinitive Complex

The Subjective Infinitive Complex

UNIT 14 251

TOPIC: AGGREGATE SUPPLY AND DEMAND

TEXT A, B

GRAMMAR: The Participle. Forms and Functions

Complexes with the Participle

UNIT 15 269

TOPIC: MONEY AND FINANCIAL INSTITUTIONS

TEXT A, B

GRAMMAR: The Gerund. Forms and Functions

The Gerundial Complex

UNIT 16 284

TOPIC: TAXATION

TEXT A, B

GRAMMAR: The Conditional Sentences

Grammar Revision Tables 300

Irregular verbs 343

Glossary 348

Keys to the Exercises 372

Reference list 389

135

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