- •Министерство аграрной политики украины
- •Введение
- •Topic 1. An introduction to economics
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the international words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Fill in the gaps using the words given: Scarcity, income, interact, society, trends, management, economics, economy
- •V. Translate into English
- •VI. Answer the questions
- •Topic 2. The basic economic problem
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Complete these sentences with the words in appropriate form and translate the sentences into Russian:
- •V. Translate into English:
- •VI. Answer some questions:
- •Topic 3. Factors of production
- •Comprehension check
- •I. Give Russian equivalents to the following:
- •II. Give English equivalents to the following:
- •III. Make sentences by adding a suitable beginning to the following:
- •IV. Agree or disagree with the following statements:
- •V. Fill in the gaps using the words given
- •VI. Translate into English
- •VII. Answer some questions:
- •Topic 4.
- •Types of business.
- •Types of business organization
- •What is business?
- •Starting a business
- •Types of business
- •Sole Trader
- •Partnership
- •Private Limited Company
- •Public Limited Company
- •The sole proprietor
- •Partnerships
- •Corporations
- •Companies and Organizations Background information about the organization.
- •Comprehension check
- •I. Give English equivalents to the following:
- •III. Complete the sentences using the proper forms of the verbs in the brackets:
- •IV. Translate into English:
- •V. Answer the questions:
- •Topic 5. Company structure
- •Study carefully the meaning of the following phrases and word combinations
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •Who is who?
- •III. Complete these sentences using the words from the list below and translate the sentences into Russian:
- •IV. Translate into English:
- •V. Answer some questions on the Text:
- •Topic 6. Accounting
- •Read and memorize the following words and word combinations:
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Give Russian equivalents to the following:
- •III. Read and translate the definitions of the basic accounting terms:
- •IV. Agree or disagree with the statements:
- •V. Fill in the gaps using the words given:
- •VI. Complete as in the text:
- •VII. Translate from Russian into English:
- •VIII. Answer some questions:
- •Topic 7. Financial statements
- •Vocabulary
- •Comprehension check
- •IV. For Russian terms in a column a find corresponding English definitions in column b.
- •V. Fill in the gaps using the words given:
- •VI. Are the following statements true or false?
- •VII. Complete the sentences referring to the information from the text.
- •VIII. Translate from Russian into English:
- •IX. Answer some questions:
- •Topic 8. Money and its functions
- •Vocabulary
- •Different kinds of money
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Read and translate the terms:
- •IV. Complete these sentences using the words from the list below and translate the sentences into Russian:
- •V. Are the following statements true or false?
- •VI. Translate into English:
- •VII. Answer some questions:
- •Topic 9. Banks and banking
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read and translate the definitions of the basic banking services terms: Banking services
- •III. Complete these sentences with appropriate words оr word combinations and translate the sentences into Russian:
- •IV. Complete the following sentences in any way you like.
- •V. Translate into English:
- •VI. Summarize the contents of the Text using these questions as an outline.
- •Topic 10. Banking system
- •Vocabulary
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read and translate the definitions of the basic banking terms:
- •III. Choose the necessary word and put it in the sentence:
- •IV. Translate into English:
- •V. Answer some questions:
- •Topic 11.
- •International banking and international economic institutions world bank
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Are the following statements true or false?
- •IV. Fill in the gaps using the words given
- •V. Translate into English
- •International monetary fund (ifm)
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Read the words and guess their meanings:
- •III. Which of the following is true?
- •IV. Translate into English:
- •V. Answer some questions on the Text:
- •Topic 12. Monetary policy
- •Vocabulary
- •Comprehension check
- •I. Suggest the Russian equivalents:
- •II. Find in the text English equivalents for the following:
- •III. Fill in the gaps with the words and expressions from the text:
- •V. Translate into English using all the active possible
- •VI. Answer the questions:
- •Topic 13.
- •Import and export
- •Vocabulary
- •IV. Fill in the gaps using the words given
- •V. Read and translate into Russian:
- •Incoterms 2000
- •Incoterms
- •VI. Translate into English:
- •VII. Answer the questions:
- •Topic 14.
- •Insurance
- •Memorize the following words and word combinations:
- •Comprehension check
- •I. Give English equivalents to the following:
- •II. Substitute the proper English words from the list below for the Russian words in brackets.
- •III. Are the following statements true or false?
- •IV. The following sentences relate to various aspects of insurance. Choose the word which best fits each space.
- •V. Translate into English
- •VI. Answer some questions on the Text:
- •Topic 15.
- •International investing
- •Investors
- •Memorize the following words and word combinations:
- •Comprehension check
- •I. Give Russian equivalents to the following:
- •II. Complete sentences according to the information in the text.
- •III. Which explanation of economic terms is correct?
- •IV. Read and translate the definitions of the basic investment and securities terms:
- •V. Give Russian equivalents to the following:
- •VI. Choose the necessary word and put it in the sentence:
- •Interest
- •VII. Translate into English:
- •6.030509 «Учет и аудит», 6.030504 «Экономика предприятия»
- •98309 Г. Керчь, Орджоникидзе, 82.
Comprehension check
I. Give Russian equivalents to the following:
credit risks, additional reward, pension fund, wheel of fortune, smart investor, interest rate, foreign earnings, strong currency, lender’s currency, Third World country, removing risks, additional hazard, exchange rate , university endowment , the value of stocks raises handsomely , in the investor’s favor .
II. Complete sentences according to the information in the text.
1. International investing is … .
a) a nonprofitable business
b) a profitable business
c) a risky business
2. Political turmoil and economic chaos in a foreign country … .
a) make some ventures borrow additional money from banks
b) help some ventures to obtain considerable rewards
c) push some ventures to the brink of bankruptcy
3. Western and Japanese banks make loans denominated … .
a) in local currencies
b) in dollars
c) in any currencies
4. If a democratically elected government is toppled, the local market … .
a) may drop
b) never drops
c) must drop
5. The use of … helps the investors to calculate risks.
a) internet information
b) rating agencies and political analysts
c) information from the secret service
III. Which explanation of economic terms is correct?
1.
a) A free-market economy is a system of trade when prices are not controlled by the government.
b) A free-market economy is a system of trade when all prices are controlled by the government.
c) A free-market economy is a system when all prices are controlled by consumers.
2.
a) International investing is putting money into a business of your country.
b) International investing is providing money for your project by international organizations.
c) International investing is investing money into foreign companies.
3.
a) To lend money is to steal money.
b) To lend money is to let someone borrow it on condition to pay back with additional interest.
c) To lend money is to pay back your debt.
IV. Read and translate the definitions of the basic investment and securities terms:
Securities — stocks and bonds (which present a secured-asset based claim on the part of investors) that can be bought and sold.
Securities market — the millions of people and organizations that buy stocks and bonds and the securities intermediaries who bring buyers and sellers together.
Primary market — a market in which an investor purchases financial securities (via an investment bank or other representative) directly from the issuer of those securities.
Secondary market — a market for existing financial securities that are currently traded between investors.
Stock exchange — the marketplace for dealing in freely transferable stocks, shares, and securities of all types — government and others.
Investor — traditionally someone who buys securities with the expectation of getting an income or profit over several years.
Broker — an individual licensed to buy and sell securities for customers in the secondary market; may also provide other financial services.
Stockbroker — an individual who buys or sells securities for clients.
Investment banker — any financial institution engaged in purchasing and reselling new stocks and bonds.
Investment banking firm — an organization that assists corporations in raising funds, usually by helping sell new security issues.
Bull market — a stock market in which prices are rising and there is much optimism among speculators.
Bear market — a stock market in which prices are falling and there is much pessimism among speculators.
Bull — an investor who expects prices to go up.
Bear — an investor who expects prices to go down.
Institutional investors — organizations whose investments for themselves and their clients are so large that they can influence prices on securities markets.