- •Unit three
- •Comments:
- •Exercise 6. Find words in the text synonymous in meaning to the following. Read the sentences containing them.
- •Exercise 9. What economic terms given in the text do the following definitions refer to?
- •Exercise 12. Translate the texts into Ukrainian.
- •Questions for economic reasoning and discussion
Exercise 6. Find words in the text synonymous in meaning to the following. Read the sentences containing them.
word |
synonym |
word |
synonym |
progress |
development |
many |
A large amount of |
really |
actually |
in place of |
instead of |
fundamental |
basic |
necessary |
required |
to separate |
to divide |
An ingredient |
a component |
to look for |
to seek for/about(to search for) |
to guide |
to lead |
special |
specific |
in the end |
finally |
commonly |
Generally (in general) |
helpful |
useful |
to foreseen |
to predict |
To explain |
to account |
Exercise 7. Find in the box the English equivalents to the words listed below. More than one is possible.
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to concentrate on |
to contain |
a view |
in general |
an indicator |
a study |
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on the contrary |
to decide |
to make |
to examine |
a statement |
overall |
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to rise |
total |
a measure |
to allocate |
to distribute |
to go up |
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to produce |
usually |
an assertion |
to look into |
an opinion |
generally |
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a level of prices |
to solve |
to include |
in contrast |
to increase |
a price level |
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an investigation |
a law |
to focus on |
a principle |
to involve |
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on the other hand |
to determine a price |
to manufacture |
to establish a price |
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Act, behave
Exercise 8. Replace the words or word combinations in bold type with their synonyms.
The laws of economics help (to) decide problems in a wide variety of areas.
Economics helps us look into trade-offs between various goals.
Almost all matters of governmental policies contain(include) economics.
Studying economics helps people realize the difference between assertions of fact and expressions of view.
Microeconomics concentrate on determining why people purchase one product instead of another.
Macroeconomics, in contrast, investigates behaviour and the total productivity of the economy as a whole.
Macroeconomics generally involves such issues as the consequences of overall employment on the economy, overall output and general a level of prices.
Economics is the systematic investigation of how the decisions taken by individuals, business firms and the government to have an effect on the way in which resources are allocated in society.
Good economic measures show a nation’s high living standards.