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II. Insert since or for:

1. I haven’t seen you ... the beginning of the semester. I haven’t seen you ... two months. 2. We have lived in Chicago ... last year. We have lived here ... almost six months. 3. He hasn’t written to me ... April. He hasn’t written to me ... about three weeks. 4. Peter has worked in the laboratory ... he graduated from the University. Peter has worked in the laboratory ... five years. 5. You haven’t come here ... a fortnight. You haven’t come here ... last Monday. 6. You have studied English ... childhood. You have studied English ... ten years.

  1. Put the verbs in brackets into the Present Perfect Tense,

and fill the spaces by repeating the auxiliary:

1. You (have) breakfast? — Yes, I ... .

2. The post (come)? — Yes, it ... .

3. You (see) my watch anywhere? — No, I’m afraid I ... .

4. Charles (pass) his exam? — Yes, he ... .

5. You (not make) a mistake? — No, I’m sure I ... .

6. Mary (water) the tomatoes? — Yes, I think she ... .

7. You (see) him lately? — No, I ... .

8. You (spend) all your money? — Yes, I ... .

9. The phone (stop) ringing? — No, it ... .

10. He just (go) out? — Yes, he ... .

IV. Translate into English:

1. Його немає вдома. Він щойно вийшов. 2. Цікаво, де вони зараз? Я не бачив їх відтоді, як переїхав до цього міста. 3. Ти вже написав доповідь на цю тему? — Так. 4. Ми з ним — друзі з самого дитинства, і ми ніколи не сварились. 5. Останнім часом я не одержував листів від своїх батьків. 6. Ти вже вивчив текст? — Так. Я щойно вивчив текст і зараз повторюю слова. 7. В аудиторії нікого немає. Усі пішли додому. 8. Ви хоч колись думали про це? — Ні.

U N I T 5

TOPIC: WHAT IS ECONOMICS?

TEXT A

TEXT B

TEXT C

TEXT D

GRAMMAR: The Past Indefinite Tense. The Functions of the Verb to do

The Future Indefinite Tense. The Imperative Mood

Reading drills

1. Practise the pronunciation of the following words:

a) stress the first syllable:

necessary, possible, business, labour, spending, politics, science, careful, satisfy, effort, taxes, government, relatively, scarce, living, utilizing;

b) stress the second syllable:

unfortunately, define, mankind, produce, production, exchange, activity, consumption, description, psychology, effect, competing, determine, unlimited, inflation, concern, resources, pretend, attempt;

c) stress the third syllable:

economics, economic, distribution, international, interaction, sociology, unemployment.

Text A

Studying economics for the first time, it is necessary to know what economics is all about1. Unfortunately, it is not possible to define the subject by a single word. Economics was defined as the study of mankind in the everyday business life. This means that economics deals with production, distribution, exchange and consumption. It answers such questions as: How do we produce all the things we need? How are prices determined? Economics is also concerned with2 unemployment, inflation, international trade, the interaction of business and labour, and the effects of government spending3 and taxes.

Economics does not stop with the description of economic activity because description alone leaves unanswered many important why and how questions.

Economics is a social science like history, geography, politics, psychology and sociology. It is the study of human efforts to satisfy what seems like unlimited and competing wants4 through the careful use of relatively scarce resources. Economists study what is or tends to be and how it came to be. They do not in any way pretend to tell what ought to be. People must make up their own minds5 about that.

Economics is therefore concerned with activities relating to wealth, i.e. production, consumption, exchange and distribution.

For our own purpose, we shall define economics as the study of man in his attempts to gain a living6 by utilizing his limited resources.