- •Донецький національний університет економіки і торгівлі імені Михайла Туган-Барановського
- •Economics Today
- •Content
- •Texts for Individual Reading
- •Передмова
- •Unit 1. What does economics study?
- •Vocabulary.
- •What does economics study?
- •Money price human wants scarcity
- •What does economics study?
- •Pronouns
- •Unit 2. Different Economic systems.
- •Vocabulary.
- •Different economic systems
- •Outstanding economists.
- •Unit 3. Economics as a social science.
- •Vocabulary.
- •Try to explain the above mentioned economic notions as you understand them, by your own words.
- •Economics as a social science.
- •Economics as a social science
- •Outstanding economists
- •Unit 4. Economics as a policy.
- •Vocabulary.
- •Economics as policy.
- •Economics and policy
- •Outstanding economists.
- •Unit 5. Main economic concepts.
- •Vocabulary.
- •Main economic concepts.
- •Outstanding economists.
- •2. Define:
- •Unit 6. Market, Supply and Demand.
- •Vocabulary.
- •Market, supply and demand
- •What money can’t buy
- •Outstanding economists.
- •Unit 7. Prices and their formation.
- •Vocabulary.
- •Price and its formation.
- •Past Tenses
- •When prices draw us.
- •Outstanding Economists.
- •2. Value:
- •Unit 8. Taxes and Taxation.
- •Vocabulary.
- •Taxes and taxation
- •Past Tenses Past Perfect Simple
- •Past Perfect Continuous
- •Will Germany Start Tax Reform?
- •Crackdown on “alcohol disorder zones”
- •Outstanding economists.
- •Sources of government revenue
- •Public spending
- •Unit 9. Business organization.
- •Vocabulary.
- •Forms of business ownership in the u.S.A.
- •The Formal Organization.
- •Up and Down of People Express
- •Burr’s Business
- •3. Necessity:
- •Unit 10.
- •Forms of business small business
- •I. Can you stick with it?
- •How to make business plan.
- •The Passive Voice
- •Unit 11. Franchising.
- •Vocabulary.
- •Franchising.
- •Evaluate your franchise opportunities.
- •Mc’Donald’s : burger and fries a la français.
- •Invest:
- •5. Tax:
- •Unit 12.
- •International Trade.
- •International trade.
- •How to avoid business blunders abroad.
- •Vocabulary to Text 2.
- •Advertising.
- •Vocabulary:
- •Answer the questions:
- •Economic theories.
- •Vocabulary:
- •Answer the questions:
- •Main economic concepts.
- •Vocabulary:
- •Answer the questions:
- •Management.
- •Vocabulary:
- •Answer the questions:
- •Marketing.
- •Vocabulary:
- •Answer the questions:
- •Types of economic systems.
- •Vocabulary:
- •Vocabulary:
- •Practical Tasks:
- •Text 2. Classical Theories.
- •Vocabulary:
- •Practical Tasks:
- •Text 3. The Meaning of Management.
- •Vocabulary:
- •Practical Tasks:
- •What is you understanding of management?
- •Vocabulary:
- •Practical Tasks:
- •Text 5. Management Activities.
- •Vocabulary:
- •Practical Tasks:
- •Text 6. Classical Theories.
- •Vocabulary:
- •Practical Tasks:
- •Text 7. Fayol's Principles of Management.
- •Vocabulary:
- •Practical Tasks:
- •Text 8. F.W.Taylor and Scientific Management.
- •Vocabulary:
- •Practical Tasks:
- •Text 9. The Principles of Scientific Management.
- •Vocabulary:
- •Practical Tasks:
- •Text 10. Scientific Management after Taylor.
- •Vocabulary:
- •Practical Tasks:
- •Text 1. Comments on the Scientific Management School.
- •Text 2. L.F.Urwick.
- •Text 3. E.F.L.Brech.
- •Text 4. Max Weber and the Idea of Bureaucracy.
- •Text 5. Bureaucracy.
- •Text 6. Bureaucracy after Weber.
- •Questions for Discussions to texts 1-6.
- •Nobel prize winners.
- •1975: Nobel Prizes.
- •Money in our everyday life quotations. Attitudes to money.
- •Giving away money.
- •Money and everyday life.
- •Money and the family.
- •Money at work.
- •Money madness.
- •Possessions.
- •The economic model.
- •The psychology of money.
- •The very rich.
- •Young people, socialisation and money.
- •Poetry.
- •I have some fe a rainy day underneath me bed,
- •Is dis culture yours, cause it is not mine
- •It could do good but it does more bad
- •The coin speaks.
- •The hardship of accounting.
- •The millionaire.
- •Keys unit 1.
- •Comprehension check.
- •Unit 2.
- •Comprehension check.
- •Unit 3.
- •Comprehension check.
- •Unit 4.
- •Comprehension check.
- •Unit 5.
- •Comprehension check.
- •Unit 6.
- •Comprehension check.
- •Unit 7.
- •Train and check yourself
- •Unit 8.
- •Unit 9.
- •Comprehension check.
- •Fill in the chart
- •Unit 10.
- •Unit 11.
- •Comprehension check.
- •Unit 12.
- •Keys to the texts for individual reading
- •Economics Today
Crackdown on “alcohol disorder zones”
will
be imposed, troublemakers,
to
impose charges, the
revenue,
target,
will
stay
away, to
cut alcohol-related
crime,
to
reduce, the
opposite effect,
to
pay a
levy, licensed
premises
Police forces and local authorities are to be given powers 1 … on pubs, nightclubs and other 2 … in binge drinking trouble spots, writes Andrew Porter.
Charles Clarke, the home secretary, believes the new policy could help 3 … and disorder by10%.
He is proposing that areas blighted by disorder caused by drinking can be identified as "alcohol disorder zones" (ADZs), where licensed premises would have 4 … if they did not clean up their act. The Home Office estimates that up to 30 police forces are ready to declare ADZs. Under the plans the police will keep 5 … that is raised.
Licensed premises in trouble spots will be given 12 weeks 6 … alcohol-related crime significantly. If this 7 … is not met, the police will declare the area a "live" ADZ and levies – a minimum of £100 a week – 8 … .
Mark Hastings, of the British Beer and Pub Association, said yesterday: "Imposing alcohol disorder zones will have 9 … to what the government wants. People they want to attract to pubs and bars 10 … and the 11 … are likely to carry on coming."
“The Sunday Times”
|
TRAIN AND CHECK YOURSELF |
Exercise 1. Make up sentences.
And, security, taxes, are, state, benefits, spent, usually, social, particular, for.
Government, police, taxes, to, due, state medical healthcare, our, are, even, kept, army.
Holland, assets, Switzerland, in, as, 40%, about, makes, tax, up, countries, all, of, some, inheritance.
Such, individuals’, incomes, tax, income, interest, all, is, from, dividends, as, rent, of, wage, kinds, paid, and.
Used, for, communities, local, needs, by, taxes, usually, are, their.
Duties, to, have, too, not, pay, only, customs, manufacturers, individuals, sometimes, but.
Drinks, gambling, on, education, alcoholic, morality, the, money, spirit, high, duties, received, especially, children, of, in, should, on, of, excise, spent, be, from, tobacco.
Legally, try, to, is, riches, taxes, and, ignore, many, evade, but, prosecuted, it.
Outstanding economists.
Exercise 2. Choose the right tense.
Finn Kydland, a professor from UC Santa Barbara, has got/got/had been getting the Nobel Prize in Economics in 2004.
He had shared/had been sharing/shared $1.3 mln prize equally with his colleague Edward Prescot from Arizona State University.
The first research of Kydland and Prescot had been published/was published/had been publishing in1977.
It had found/found/had been finding that economic decision-makers shall commit/should commit/shall have committed to a specific long-term policy.
Also they stressed/had stressed/had been stressing that it is better not make short-term changes in times of economic troubles.
The first research is found/had been found/was found very influential because of its mathematical models.
In their second part of research they had studied/studied/had been studying the driving forces behind business cycles, and had published/published/has published it in 1982.
They refuted/had refuted/have refuted that business cycles are dependant on consumer demand.
The scientists proved/have proved/had proved that large changes in supply, dramatic events and technological innovations have more far reaching effects on the economy.
Exercise 3. Write in the correct verb form using the verb in brackets.
Lily 1(start) her business recently. Two days ago she 2(buy) new commodity and at that moment she 3(display) it for sale. Suddenly a fragile vase 4(slip) out of her hands and 5(fall) before she 6(have) a chance to catch it. Of course it 7(break). And it 8(be) a very valuable, old Chinese vase. Its price 9(exceed) the price of any good in the shop. What 10(do)? She picked up the pieces and remembered that a very rich client 11(order) such vase not long ago. He even 12(leave) his address. She quickly 13(pack) the pieces into the box, 14(put) customs declaration, price list and certificate of validity and 15(send) it to Mr.X. Before sending the parcel she 16(write) a message where she kindly 17(ask) to pay the check as soon as possible. Also she 18(congratulate) Mr.X. with the coming holiday and added that she 19(make) him a good discount. Can you imagine her disappointment when she 20(get) the parcel back with many thanks and apologizes and her astonishment when she 21(unwrap) the paper and 22(see) a beautiful intact vase!
Exercise 4. Comment on the sources of government revenue and public spending in the U.K.