- •Предисловие
- •Text study
- •Language practice
- •I. Mind the use of the words: economy, economics, economic, economical, economize.
- •II. Complete the blanks.
- •III. In these sentences, certain nouns are printed in bold. Change them into adjectives which can be used in the blanks.
- •IV. Say whether these statements are true or false, and if they are false say why.
- •V. Answer these questions.
- •Unit 2 the business environment Word list
- •Text study
- •Language practice
- •I. Match the words their definitions
- •II. Complete the sentences below using the information of the text
- •III. Say whether these statements are true or false, and if they are false say why.
- •IV. Answer the following questions
- •Unit 3 some economic laws Word list
- •Text study
- •Language practice
- •I. Mind the use of the words.
- •II. Complete the blanks
- •III. Insert a suitale preposition.
- •IV. Say whether these statements are true or false, and if they are false say why.
- •V. Answer these questions.
- •Unit 4 money Word list
- •Text study
- •Language practice
- •I. Mind the following words and phrases.
- •II. Complete the blanks.
- •III. Form all possible combinations using the words of both columns.
- •IV. Say whether these statements are true or false, and if they are false say why.
- •V. Answer these questions.
- •Unit 5 central banking system Word list
- •Text study
- •Language practice
- •I. Mind the use of the words: requirements, deposit, check clearing, reserves, assets.
- •II. Complete the blanks.
- •III. In these sentences certain nouns are printed in bold. Give derivatives of them and fill in the blanks.
- •IV. Say whether these statements are true or false, and if they are false say why.
- •V. Answer these question.
- •Unit 6 markets Word list
- •Text study
- •Language practice
- •I. Mind the use of the words: vary, variable, varied, various, variety, variation.
- •II. Complete the blanks.
- •III. Match the verbs from (a) with the nouns from (b):
- •IV. Say whether these statements are true or false, and if they are false say why.
- •V. Answer these questions.
- •Unit 7 fair Word list
- •Text study
- •Language Practice
- •I. Mind the following words and phrase.
- •II. Complete the blanks.
- •III. In these sentences certain nouns are printed in bold. Give derivatives of them and fill in the blanks.
- •IV. Say whether these statements are true or false, and if they are false say why.
- •V. Answer these questions.
- •Unit 8 advertising Word list
- •Text study
- •Language Practice
- •I. Mind the following words advertising, advertisement, publicity, public relations, ads, brand, promote, trademark.
- •II. Complete the blanks.
- •III. Make nouns from the following verbs:
- •IV. Say whether these statements are true or false, and if they are false say why.
- •V. Answer these questions.
- •Unit 9 organization of business Word list
- •Text study
- •Language practice
- •I. Match the words their definitions.
- •II. Complete the sentences below using the information of the text.
- •III. Say whether these statements are true or false, and if they are false say why.
- •IV. Answer the following questions.
- •Unit 10 business finance and growth Word list
- •Text study
- •Language practice
- •I. Match the words their definitions.
- •II. Complete the sentences below using the information of the text.
- •III. Say whether these statements are true or false, and if they are false say why.
- •IV. Answer the following questions.
- •Unit 11 production Word list
- •Text study
- •Language practice
- •I. Match the words to their definitions.
- •II. Complete the sentences below using the information of the text.
- •III. Say whether these statements are true or false, and if they are false say why.
- •IV. Answer the following questions.
- •Unit 12 accounting Word list
- •Text study
- •Profit and Loss account
- •Balance Sheet
- •Language practice
- •I Match the words to their definitions.
- •II. Complete the sentences below using the information of the text.
- •III Say whether these statements are true or false, and if they are false say why.
- •IV Answer the following questions.
- •Unit 13 human relations and work Word list
- •Text study
- •Language practice
- •I. Match the words to their definitions.
- •II. Complete the sentences below using the information of the text.
- •III. Say whether these statements are true or false, and if they are false say why.
- •IV. Answer the following questions.
- •Unit 14 marketing Word list
- •Text study
- •Language practice
- •I. Match the words to their definitions.
- •II. Complete the sentences below using the information of the text.
- •III. Say whether these statements are true or false, and if they are false say why.
- •IV. Answer the following questions
Language practice
I. Mind the use of the words: vary, variable, varied, various, variety, variation.
1. Conditions on that market are stable and do not vary very much from year to year. 2. That businessman handles a very varied selection of products, including bananas, toys and cars. 3. The managers of that company hope to increase the variety of products which they offer for sale to the public. 4. There has been little variation in price levels over the last five years. 5. Because prices on that market fluctuate considerably from week to week, we say that they are variable.
II. Complete the blanks.
1. A market is any one of a … of systems whereby parties engage in exchange. 2. For a market to be …, there must be more than a single buyer or seller. 3. … markets rely on much larger numbers of both buyers and sellers. 4. Markets … in form, scale, location and types of participants. 5. A market with single seller and multiple buyers is a … . 6. The … of goods and services for money is a … . 7. Currency markets are used to trade one … for another. 8. Well-functioning markets of a real world are never … . 9. The largest, most active and best organized markets were … in western Europe. 10. States always … important basic commodities.
III. Match the verbs from (a) with the nouns from (b):
to expand, to develop, to resell, to remove, to issue, to list, to possess, to meet, to submit;
barriers, securities, stocks, trading, shares, infrastructure, standards, capital, documents
IV. Say whether these statements are true or false, and if they are false say why.
1. For a market to be competitive, there must be only one seller. 2. Markets are the same in types of participations. 3. The exchange of goods and services for money is a transaction. 4. The market facilitates trade. 5. Historically, markets originated in physical marketplaces. 6. There is only one type of market in real life – a perfect market. 7. Financial markets facilitate the exchange of liquid assets. 8. Currency markets are used to trade goods and services. 9. Stock markets are the means through which the exchange of services is organized. 10. The largest, most active and best organized markets were established in Australia. 11. The rapid development of communications allowed stock exchanges to attract orders more easily. 12. Well-functioning markets of a real world are always perfect.
V. Answer these questions.
1. What was a market originally? 2. What is a modern market? 3. What condition is necessary for a market to be competitive? 4. What do competitive markets rely on? 5. What situation is called a monopoly? 6. What is the difference between monopoly and monopsony? 7. How do markets vary? 8. What examples of different markets are given in the text? 9. What does market in mainstream economics allow? 10. How many roles are there in markets? 11. What is the main goal of a market? 12. What defines markets? 13. What is the role of financial markets? 14. What contributed to the emergence and growth of stock exchanges? 15. Where were best organized stock markets established? 16. What part do stock exchanges play in the financial systems of advanced countries? 17. What dominant stock exchanges do you know? 18. Is there stock exchange in Belarus?