- •Міністерство аграрної політики України
- •Unit 1 what is economics?
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions and word-combinations:
- •10. Inform the group about your activities and find out if he or she does the same:
- •11. Express doubt concerning the truth of the following statements:
- •12. Ask about the following as in the model:
- •13. Translate into English:
- •14. Communicative situations:
- •Unit 2 the american economic system
- •1. Read and memorize following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •3. Fill in the blanks with appropriate words: a profit, resources, the answers, prices, consumers, levels, a price, money.
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make your own dialogue using the following words, expressions and word-combinations:
- •10. Open the brackets using the Present Indefinite Tense in the Passive Voice:
- •11. Read and change the sentences according to the model:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 3 the consumer in our economy
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following words, expressions and word-combinations:
- •10. Express the following in the Passive Voice:
- •11. Ask questions to the following sentences:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 4 launching a business
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate Into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Inform the group about the future activities or states:
- •11. Ask for confirmations of the truth of the following statements:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 5 financing a business
- •1. Read and memorize the following words, word- combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Make the following sentences passive:
- •11. Translate the verbs in brackets in English using them in the necessary tense-form:
- •12. Translate into English:
- •13. Communicative situations:
- •Unit 6 production and marketing. The business of business
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Put questions to the italicized words:
- •10. Replace the infinitives in brackets by the Present Continuous Tense (the Active Voice):
- •11. Translate into English:
- •1. Read and memorize the following words, word- combinations and word-groups:
- •2. Give English equivalents to the following:
- •3. Fill in the blanks with appropriate words:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •1. Read and memorize the following words, word- combinations and word-groups:
- •2. Give English equivalents of the following:
- •3. Fill in the blanks with appropriate words:
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Put the infinitives in brackets in the Past Continuous Tense:
- •11. Paraphrase the following sentences as in the model:
- •12. Translate into English using the Past Continuous Tense (the Active Voice):
- •13. Communicative situations:
- •1. Read and memorize the following words, word-combinations and word-groups:
- •2. Give English equivalents of the following:
- •3. Fill in the blanks with appropriate words
- •4. Read and translate the text:
- •5. Answer the following questions:
- •6. Define the terms:
- •7. Translate into English:
- •8. Read and dramatize the following dialogue:
- •9. Make up your own dialogue using the following expressions:
- •10. Change the following sentences using the Passive Voice:
- •11. Ask when and what -questions using the Passive Voice:
- •12. Translate into English using the Past Continuous Tense (the Passive Voice):
- •13. Communicative situations:
- •Self-assessment criteria
- •If you have got:
5. Answer the following questions:
1. When do markets exist?
2. What does a perfectly competitive market require?
3. What are Public Utilities?
4. Why are they granted a monopoly?
5. What is a trademark?
6. In what way does the competition among producers benefit us all?
7. How can many businesses grow and control as much of a market as possible?
8. How many categories do mergers fall into? Name them.
6. Define the terms:
Interchangeable, to influence the market, single management, behaviour of a market, to fix prices, conglomerate merger, competitive market.
7. Translate into English:
1. Ринок існує скрізь, де люди збираються разом, щоб купити або продати свої товари та послуги. 2. Покупці та продавці можуть виходити на ринок або залишати його за власним бажанням. 3. Приватні цінні папери певної фірми цілком взаємозамінні. 4. Зговір – це секретна домовленість між двома або більше фірмами про встановлення цін і розподіл ринку. 5. Конкуренція в сфері підприємств громадського користування вважається шкідливою для громадського інтересу. 6. Одна з умов найбільш конкурентоспроможного ринку це те, що жодна приватна особа або група не можуть мати вплив на ринок, 7. Конгломерат об'єднує дві або більше незалежних фірм під єдине керівництво.
8. Read and dramatize the following dialogue:
L.: What of the world's well-known economists do you know?
A.: Well, Joan Robinson (1903–1983) taught economists at England's Cambridge University for more than 40 years. Her book «The Economics of Imperfect Competition» (1933), led her to be recognized as one of the world's foremost economists.
L.: Taking their cue from Alfred Marshall, economists of the 1930's based their theories on the concepts of perfect competition and monopoly.
A.: Did perfect competition often occur?
L.: No it didn't. Perfect competition, with its many buyers and sellers, all of whom had perfect knowledge of market conditions, rarely occured. Neither for that matter, did perfect monopoly wherein buyers, unable to find substitutes paid a price selected by the monopolist. What usually happened was something in between the extremes of perfect competition and monopoly.
A.: In what way did Professor Robinson refer to this kind of trade?
L.: She referred to this kind of trade as imperfect competition. Robinson's «Imperfect Competition» described markets in which sellers had more freedom to determine prices than they would have under perfect competition, but less than they have under pure monopoly. They had this freedom either because their products were sold under conditions of monopolistic competition, or oligopoly. Are there any weaknesses of capitalism?
A.: Joan Robinson regarded imperfect competition as a major weakness of capitalism. Why? By commanding a higher price than they might have under perfect competition, she said, businesses earn higher returns while consumers have to find ways to do with less. Meanwhile, the economy operates at levels under its capacity to employ workers and produce goods and services.
L.: She concluded that conditions of underproduction and unemployment inevitably lead to periodic recessions and political unrest.