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Economics the hard sell (Proficiency Masterclass, Unit 11)

Lesson 10. We shall discuss some strategies and ways of selling goods and you will try yourselves in the role of a salesperson. You will also be engaged in different vocabulary activities.

1. Talking points: Which products would you be prepared to pay the most money and why? (p.145)

2. ‘Tulipomania’ (pp.145-147):

  1. Multiple-choice questions.

  2. Vocabulary.

  3. Expressions with “pick”.

3. Selling your Wares (p.147).

4. The Ten-Point Plan (pp.154-155):

  1. Listening.

  2. Vocabulary: homonyms, expressions.

5. A Foot in the Door (p.153):

  1. Try to persuade your partner to buy something from you (a dialogue).

  2. Analyse your success.

6. Overview 11.

Economics the hard sell (Proficiency Masterclass, Unit 11)

Lesson 10. We shall discuss some strategies and ways of selling goods and you will try yourselves in the role of a salesperson. You will also be engaged in different vocabulary activities.

1. Talking points: Which products would you be prepared to pay the most money and why? (p.145)

2. ‘Tulipomania’ (pp.145-147):

  1. Multiple-choice questions.

  2. Vocabulary.

  3. Expressions with “pick”.

3. Selling your Wares (p.147).

4. The Ten-Point Plan (pp.154-155):

  1. Listening.

  2. Vocabulary: homonyms, expressions.

5. A Foot in the Door (p.153):

  1. Try to persuade your partner to buy something from you (a dialogue).

  2. Analyse your success.

6. Overview 11.

Home task:

Read the following statements. If the statement is true, write a T on the right. If the statement is false, correct it. Then translate the statements into good Russian:

  1. The main purpose of an economic system is to establish government control of production.

  2. Economic decision making in a market system is influenced by many people.

  3. Most economic systems are made up of a combination of features from several types of systems.

  4. Each economic system emphasises different economic goals.

  5. Individual values influence the economic goals of a society.

  6. Most public monopolies are regulated by the state or federal government.

  7. The control of a product or service by one company is called an oligopoly.

  8. Monopolistic competition has more sellers than an oligopolistic market.

  9. The three main groups in our economy are individuals, businesses, and investors.

  10. A market is a way by which goods and services are exchanged, usually for money.

  11. Prices are set on the basis of government action.

  12. Demand refers to the action of businesses that provide goods and services.

  13. In general, as prices decrease market demand for an item increases.

  14. The producer’s willingness and ability to sell a product is called supply.

  15. Supply tends to decrease as the market price increases.

  16. The point at which the forces of supply and demand are in balance is called the equilibrium price.

  17. An increase in unemployment will usually increase the demand for goods and services.

  18. When the price of beef increases, the demand for chicken and fish usually decreases.

  19. Increased competition usually results in lower prices.

  20. The economy of a country will benefit when its exports are greater than imports.

Home task:

Read the following statements. If the statement is true, write a T on the right. If the statement is false, correct it. Then translate the statements into good Russian:

  1. The main purpose of an economic system is to establish government control of production.

  2. Economic decision making in a market system is influenced by many people.

  3. Most economic systems are made up of a combination of features from several types of systems.

  4. Each economic system emphasises different economic goals.

  5. Individual values influence the economic goals of a society.

  6. Most public monopolies are regulated by the state or federal government.

  7. The control of a product or service by one company is called an oligopoly.

  8. Monopolistic competition has more sellers than an oligopolistic market.

  9. The three main groups in our economy are individuals, businesses, and investors.

  10. A market is a way by which goods and services are exchanged, usually for money.

  11. Prices are set on the basis of government action.

  12. Demand refers to the action of businesses that provide goods and services.

  13. In general, as prices decrease market demand for an item increases.

  14. The producer’s willingness and ability to sell a product is called supply.

  15. Supply tends to decrease as the market price increases.

  16. The point at which the forces of supply and demand are in balance is called the equilibrium price.

  17. An increase in unemployment will usually increase the demand for goods and services.

  18. When the price of beef increases, the demand for chicken and fish usually decreases.

  19. Increased competition usually results in lower prices.

  20. The economy of a country will benefit when its exports are greater than imports.

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