- •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.
1. Decrease (v), increase . Prices decrease, demand for goods increases. 2. Decrease (n), increase (n). Decrease of prices leads to increase for demand. 3. Utility. The utility of a product stays the same, but its nature changes. 4 The law of Diminishing Marginal Utility is the name which economists give to the tendency for a consumer’s desire to diminish as he buys more.
II. Complete the blanks
1. An economist cannot … what will happen in future in the economic domain. 2. Economic laws are true under certain given … . 3. Economic laws tell the direction of … which is expected. 4. Complex personal wants are … in different ways. 5. Economists describe … as the relationship between a … and a … . 6. Utility … between … and …. 7. The utility of commodity … as the consumer’s stock … . 8. Demand may be … as a consumer’s desire or want, together with his willingness to pay for what he wants. 9. Elasticity of demand is a … of the change in the quantity of a good, in response to demand. 10. Demand is … when a good is regarded as a basic necessity.
III. Insert a suitale preposition.
1. He is interested … economics. He is not concerned … non-essential commodities. 3. The demand … vegetables will probably increase. 4. The supply … cigarettes does not usually fluctuate. 5. There was a change … the quantity of material supplied. 6. He paid quite a lot of money … that car. 7. The American economic system is based … capitalistic principles.
IV. Say whether these statements are true or false, and if they are false say why.
1. Economics has its own set of laws. 2. Laws of economics are more exact as compared to the laws of Physics, Chemistry. 3. Economic laws are true under certain given conditions. 4. Economic laws deal only with any particular individual. 5. Complex personal wants are satisfied by the same things. 6. Utility of a commodity is the same for various people. 7. The consumer’s desire for a commodity diminishes as he buys more unit of that commodity. 8. Utility is not related to the laws of Supply and Demand. 9. Demand is the same thing as our want. 10. The quantity demanded will decrease as the price falls.
V. Answer these questions.
1. How can we characterize economic laws? 2. What is the difference between economic laws and laws of natural sciences? 3. Are economic laws useless? 4. Why do we characterize economic laws as qualitative? 5. What definition of economic laws is given in the text? 6. How do economists describe utility? 7. What verb is used to show that a consumer’s desire tends to down as he buys more of a commodity? 8. In what case is demand for a commodity effective? 9. When will demand for a commodity increase? 10. What may encourage new firms to enter the industry? 11. What influences the change of demand? 12. In what case is demand inelastic?
Unit 4 money Word list
Coin – монета; barter – бартер (обмен); livestock – скот, живой инвентарь; cattle – скот; beans – бобы; currency – валюта; item – предмет; intrinsic – существенный; value – ценность; shell – ракушка; huge – огромный; purse – кошелек; issue – выпускать; temporary – временный; goldsmith – ювелир; trade – торговать; cash – наличные деньги; purchasing power – покупательная способность; transaction – сделка; available – имеющийся в наличии; medium (means) – средство; consume – потреблять; payment – платеж; conduct – вести (дело); commodity money – товарные деньги; fiat money – бумажные деньги (не обеспеченные золотом); to be of equal value – быть равноценным; jewelry – ювелирное дело; to defer – отсрочивать, откладывать.