- •Анотація
- •Робоча програма іноземної мови за професійним спрямуванням для спеціальності „Економіка і підприємництво"
- •II курс
- •Term IV
- •1. Answer the questions:
- •2. The phrases below will help you to read and to translate the text “Inflation”:
- •3. Read and translate the text “Inflation”:
- •4. Answer the following questions:
- •5. Suggest the Ukrainian equivalents.
- •6. Match the terms with their definitions:
- •7. Replace the parts in italics by synonyms.
- •8. Test yourself. "Economic Indicators." Mark the following sentences as True or False. If they are false, explain why.
- •10. Make a short summary about types of inflation from the above text.
- •1. Answer the following questions:
- •2. Memorize the following words and phrases:
- •3. Read the text and answer the questions after it: finance and financial system
- •4. Answer the following questions:
- •5. Match the verbs from a with the nouns from в below:
- •6. Who's Who in Finance? Match each job title on the left with the correct definition on the right (a-j)
- •7. The World's Major Financial Centre. Supply the text with the articles where necessary. Write down 3-5 questions about the text.
- •8. Choose the best word to complete the text. Reread the text and say what you know about the budget process in Ukraine.
- •9. Give extensive answers to these discussion questions:
- •10. In order to get prepared for participation in the class discussion of these questions, write several paragraphs on the following:
- •1. Answer the following questions:
- •2. Train the following words and phrases before you read the text “Financial Institutions”
- •3. Read and translate the text: financial institutions
- •4. Answer the following questions:
- •5. What's What in Finance? Match each word on the left with the correct definition on the right (a-o)
- •6. Finance I. Choose the best alternative from the box below to complete the sentences.
- •7. Finance II. Choose from the words in the box to complete the definitions.
- •8. Finance III. Match the number of each speech (1-10) with the correct description (a—j).
- •9. Costs. Match the terms and definitions.
- •10. Takeovers and Merges. Match the terms and definitions.
- •11. Write a short summary of the text "Financial Institutions".
- •1. Answer the questions:
- •2. Train the following words and phrases before you read the text “Money Market”
- •3. Read and translate the text: the money market
- •8. Find in the text English equivalents for the following.
- •9. Translate into English.
- •11. Markets. Choose correct term to match the definitions below.
- •12. Choose the correct answer.
- •13. Write a short summary about money markets.
- •1. Discuss in what way politics can affect market fluctuations in your country
- •2. Train the following words and phrases before you read the text “Exchanges”
- •3. Read and translate the text exchanges
- •4. Answer the following questions:
- •5. How would you explain the following jobs to a six-year-old child?
- •6. Find pairs of opposites in the list.
- •7. Match the words in the box with the correct definitions.
- •8. Choose the best alternative to complete the text.
- •3. Read and translate the text:
- •Extra facts
- •4. Answer the following questions:
- •5. “Rates” Translate the following:
- •6. Choose the words and word combinations on the right which have the same meaning as the ones on the left.
- •7. Words you may need
- •The London Stock Exchange.
- •Open the brackets putting the verbs in the correct form.
- •Describe the changes on the London Stock Exchange brought about by Big Bang.
- •8. Using the words in brackets as a guide, explain the meaning of the following terms:
- •9. Match expressions listed in column a with the synonymous ones from column b.
- •Перелік навчально-методичної літератури
12. Choose the correct answer.
1.A marketplace is...
The area surrounding a supermarket.
Any place where people do disorganised selling of goods.
An open space in a town where a market is held
2. A futures contract is...
An agreement to buy or sell goods, currency or securities for delivery at a future date and for a price fixed in advance.
An agreement to buy or sell goods in the future.
An agreement only to buy or sell securities at a future date.
3. The exchange rate is...
The amount of goods that one is allowed to sell (exchange for money) on alternate days at the market.
The amount of one currency that can be bought with another.
The amount of all existing currencies that can be bought with the US dollar.
4. A fraud is...
The crime of stealing money by breaking into a safe.
The crime of gaming money by dishonesty.
The crime of kidnapping.
5.A market maker is...
A person who controls the order on a marketplace.
A firm that as a member of the London Stock Exchange, buys and sells securities for a profit; it may act as a broker for clients or buy and sell for itself.
A commercial organisation that buy and sell only their own securities.
6.The City is...
The oldest part of London, the financial centre of the UK, where the International Stock Exchange, the major banks and insurance companies are.
The modern part of New York well-known for its shopping-mall.
The oldest part of London, famous for its gardens and parks.
13. Write a short summary about money markets.
_______________________________Unit 12______________________________________
1. Discuss in what way politics can affect market fluctuations in your country
2. Train the following words and phrases before you read the text “Exchanges”
to govern - керувати, регулювати
Commodity Exchange - товарно-сировинна біржа
Stock Exchange - фондова біржа
timber - деревина
hides - шкіри
jute - джут
to auction - продавати з аукціону
grading – класифікація
CIF (cost, insurance, freight) – СІФ (вартість, страхування, фрахт)
warehousing costs - складські витрати
charges - витрати, видатки
spot - бірж, реальний товар; товар за касовими угодами
terminal market - ринок продажу товарів за готівку; терміновий біржовий ринок
(Великобританія)
3. Read and translate the text exchanges
An exchange is an organized meeting of persons in a permanent appointed place with the aim of buying and selling. The trading there is governed by certain rules and is limited to members of the exchange, who are known as brokers. There are two main types of exchanges: the Commodity Exchange and the Stock Exchange.
Commodity Exchange (or produce exchange) is a market in which commodities (raw materials and some manufactured goods) are bought and sold for immediate or future delivery. Commodity markets/exchanges have been established in important cities of Great Britain, the USA and other countries for trading in cotton, wool, timber, wheat, hides and skins and other such commodities. It is not necessary for the commodities to be physically exchanged; only rights to ownership need to be.
In Great Britain there are, for example, the Coal Exchange, the Timber Exchange, the Home and Foreign Produce Exchange and others, of which the following are world known: the Metal Exchange, the Wool Exchange, the grain market in the Baltic Exchange; furs are sold in Beaver House, the diamond trade is centered in Hatton Garden, and tea and rubber have their home in Plantation House. This building also accommodates the London Commodity Exchange dealing with cocoa and coffee, sugar and spices, vegetable oils and jute. London has important commodity markets arising partly from its industrial and colonial history, and partly from the nature of its foreign trade.
Outside London there are two commodity markets in Liverpool: the Cotton Exchange and the grain market. In the USA the best known are the Board of Trade in Chicago (corn), the New York Produce Exchange, the New York Cotton Exchange, the New York Coffee and Sugar Exchange.
The old practice of auctioning commodities from warehouse in which samples could be inspected beforehand has become less important. An efficient system of grading and modern systems of communication have enabled the practice of CIF trading to develop. A buyer can buy a commodity in the country of origin for delivery CIF to a specified port at which he can off-load for direct delivery to his own premises. This method saves warehousing costs and auction charges. However, many auctions still take place in London, e.g. tea, wool and furs. The market not only enables commodities to be sold spot or for delivery at some specified time and place, but it also includes a market in futures. This latter enables merchants to avoid the effect of price fluctuations by buying for forward delivery. Main terminal markets are situated in London and New York.
Stock Exchanges are places where securities, stocks and bonds are sold and bought. The most famous stock exchanges are the Royal Exchange in London and New York Stock Exchange.
The London Stock Exchange has a unique method of operation in that it divides its members into brokers and jobbers. The brokers do business with the public, but the jobbers do business only with brokers, and with each other. On the Stock Exchange the business of buying and selling shares is called dealing and a transaction is called a deal.
The fluctuation of prices on exchanges influences to a great extent the prices of the various commodities on the world market.