- •Unit 1 economics as a science
- •Vocabulary Focus
- •Unit 2 microeconomics and macroeconomics
- •Vocabulary Focus
- •Unit 3 types of economic systems
- •Vocabulary Focus
- •Unit 4 scarcity and choice
- •Vocabulary Focus
- •Unit 5 demand and supply
- •Vocabulary Focus
- •Unit 6 opportunity cost
- •Vocabulary Focus
- •Unit 7 money
- •Vocabulary Focus
- •Unit 8 markets and prices
- •Vocabulary Focus
- •Unit 9 factors of production
- •Vocabulary Focus
- •5. I sometimes have difficulty distinguishing Spanish … Portuguese.
- •Unit 10 forms of business
- •3. Reproduce the context in which the following word-combinations are used.
- •Vocabulary Focus
- •Unit 11 government and business
- •Vocabulary Focus
- •Unit 12 corporate culture
- •Vocabulary Focus
- •Unit 13 employment
- •Vocabulary Focus
- •Unit 14 globalization
- •Vocabulary Focus
- •Unit 15 the first modern economists
- •Vocabulary Focus
- •Supplementary reading Unit 1 Economics as a Science
- •Unit 2 Microeconomics and Macroeconomics
- •Unit 3 Types of Economic Systems
- •Unit 4 Scarcity and Choice
- •Unit 5 Demand and Supply
- •Import and Export
- •Unit 6 Opportunity Cost
- •Unit 7 Money
- •Unit 8 Markets and Prices
- •Unit 9 Factors of Production
- •Unit 10 Forms of Business
- •Unit 11 Government and Business
- •Unit 12 Corporate Culture
- •Unit 13 Employment
- •Unit 14 Globalization
- •Unit 15 The First Modern Economists
Vocabulary Focus
Use the words from the list of Useful Vocabulary to complete the sentences.
1. The development of national ….. is based on certain laws and principles.
a. economize
b. economy
c. economics
2. The increase in the ….. of goods is always limited by the budget constraints.
a. consumption
b. efficiency
c. reliability
3. Economists ….. forces of demand and supply to determine the prices of goods and services.
a. ignore
b. consider
c. improve
4. One of the urgent tasks of the Government is to ….. people’s well-being.
a. improve
b. manage
c. analyze
5. The management of the company is expected to ….. effectively and quickly.
a. fire the staff
b. make decisions
c. improve well-being
2. Give the synonyms to the following words and word combinations. Mind the list of Useful Vocabulary.
manufacturing
using
company
to satisfy wants
to try
3. Give the English equivalents to the following expressions.
производство товаров и услуг
распределять доступные ресурсы
улучшать благосостояние
получать удовлетворение
совокупный результат
сферы деятельности
выбирать из альтернатив
сталкиваться с проблемой
размещать недостающие ресурсы
проблема нехватки, дефицита
Talking Points
Explain in your own words how you understand the problem of scarcity.
Comment on the quotation
“Economics is the study of people in the ordinary business of life” (Alfred Marshall)
Prove that the subject of economics is interesting to you. Use the following expressions in your answers.
- I really enjoy economics because ………
- I’m quite interested in economics because ………
- I would like to know more about economics because ………
- I think economics is interesting for studying because ………
Summary Points
1. Study the guidelines to summarizing.
Реферирование (англ. summary) – это сжатое изложение основной информации первоисточника на основе её смысловой переработки. Как правило, реферат состоит из трёх основных частей: введение, основная часть, заключение и соответствует следующим требованиям:
1. Реферат представляет собой краткое изложение основного содержания текста, статьи и т.д. и составляет примерно 1/3 оригинала.
2. Предпочтительно при реферировании излагать информацию своими собственными словами.
3. Вводная часть реферата включает в себя заглавие оригинала, его главную тему и идею.
2. Look through the text from Reading and define its topic and main idea, using the following phrases.
The basic topic is ……… The subject (subject matter) of the text is |
Основная тема ……… |
The main idea is that ……… |
Основная идея заключается в том, что ……… |
The text (passage) discusses (considers, focuses on, addresses) the problem of ……… |
В тексте (отрывке) обсуждается (рассматривается, сосредоточивается внимание на…) проблема(е) ……… |
The text (passage) deals with ……… |
В тексте (отрывке) говорится о ……… |