- •Unit 1. What is economics?
- •Lead-in
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Text a: What is Economics? Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: what economics isn't
- •Text c: Micro, Macro and Fantasy Economics
- •Business communication
- •Introductions How to Say Hello
- •If you're determined not to be caught cardless again, here are some tips to help you remember:
- •Grammar present tenses
- •The present simple tense
- •Make up questions the interviewer may ask her. Here are some prompts to help you.
- •Now formulate questions Alice is likely to ask the interviewer.
- •The present continuous tense
- •The present simple versus the present continuous
- •Unit 2. Factors of production
- •Lead-in
- •Reading drills
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Word-formation
- •Text a: factors of production Active Vocabulary
- •Natural resources – land and mineral deposits
- •Human resources – labour
- •Information as a factor of production
- •Vocabulary focus
- •Language skills
- •Writing
- •Text b: entrepreneurship
- •Text c: Factors of Production for an Innovation Economy
- •Business communication
- •In the office
- •Grammar the present perfect tense
- •The present perfect continuous tense
- •The present continuous versus the present perfect continuous
- •The present perfect versus the present perfect contnuous
- •Present tenses review
- •Unit 3.Types of economic systems
- •Lead-in
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Text a: types of economic systems Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b:command economy
- •T ext c: the good (and bad) model guide
- •Business communication
- •Grammar exercises past tenses
- •The past simple tense
- •The past continuous
- •The past simple versus the past continuous
- •The past simple versus the present perfect
- •Unit 4. Demand and supply
- •Lead-in
- •Text a: demand and supply
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b. The role of prices
- •T ext c: two factors that affect labour supply and demand
- •Business communication making an appointment
- •Grammar past perfect
- •Past perfect continuous
- •Past Continuous or Past Perfect Continuous?
- •Past Simple, Past Perfect or Past Perfect Continuous?
- •Past tenses review
- •Unit 5. Free-enterprise system
- •Lead-in
- •Text a: what is free enterprise?
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: role of government in a free-enterprise economy
- •Text c: invisible hand
- •Business communication at the airport Look at the picture. What do you think the phrase Live out of a suitcase mean?
- •Going through Customs.
- •Do the drills.
- •2) Role-play the situations in the airport using the vocabulary of the lesson. Grammar future tenses
- •The future simple tense
- •The future simple versus the present simple
- •The future simple versus be going to
- •Be going to versus the present continuous
- •The future continuous tense
- •The future continuous versus the future simple
- •The future perfect versus the future perfect continuous
- •Future tenses review
- •The imperative mood
- •Unit 6. Forms of business organisation
- •Lead-in
- •Reading drills
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Word formation
- •Text a: forms of business organisation Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: nonprofit organisations
- •Text c: franchising
- •Business communication at the hotel
- •In pairs read the following situations.
- •2). Choose the correct options to the questions.
- •Grammar nouns
- •ArticleS
- •IntoEnglish.
- •Unit 7. Money
- •Lead-in
- •Text a: money and its role in the economy Active Vocabulary
- •Money is a medium of exchange
- •Money is a measure of value or a unit of account
- •Money is a store of value
- •Money is a means of liquidity
- •Vocabulary focus
- •Language skills
- •Discussion points
- •Text b: a glimpse of the american, british and euro
- •Text c: a barter way of doing business
- •Business communication On the phone
- •Inquiring about the telephone number
- •Useful Language Box
- •Grammar determiners
- •Numerals
- •Unit 8. Taxes
- •Lead-in
- •Reading drills
- •Text a: taxes Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: taxation in the uk
- •Text c: taxes are good
- •Business communication
- •In company
- •Grammar pronouns
- •Adjective and adverb
- •Very, too, far, much, a lot, rather, a bit, a little, any, by far, quite, nearly, almost
- •Test yourself Test 1
- •Test 11
- •Test 12
- •Test 13
- •Test 14
- •Test 15
- •Граматичний довідник дієслово the verb
- •Дієслова to be і to have.
- •Часи дієслова
- •Група теперішніх часів Утворення стверджувальних, заперечних та питальних форм
- •Правила написання дієслівних форм
- •Типи питальних речень
- •Загальна таблиця випадків використання
- •Не мають форми тривалого часу дієслова, що виражають
- •Інші дієслова, які не можуть виражати дію або стан як процес:
- •Група минулих часів Утворення стверджувальних, заперечних та питальних форм
- •Типи питальних речень
- •Випадки вживання минулих часів
- •Група майбутніх часів Утворення стверджувальних, заперечних та питальних форм
- •Типи питальних речень
- •Випадки вживання майбутніх часів
- •Інші способи вираження майбутнього часу
- •Наказовий спосіб
- •Іменник the noun
- •Число іменників
- •Деякі іменники мають особливі форми у множині:
- •Утворення множини іменників
- •Класифікація іменників за ознакою обчислювані/необчислювані
- •Випадки переходу необчислюваних іменників у обчислювані
- •Іменники, які узгоджуються із дієсловом в однині
- •Іменники, які узгоджуються із дієсловом у множині
- •Рід іменників
- •Рід іменників в англійській мові
- •Відмінки іменників
- •Відмінок іменника. Форми та особливості вживання присвійного відмінку
- •Форми присвійного відмінку
- •Особливості вживання присвійного відмінку
- •Вживання іменників - назв неістот у присвійному відмінку
- •Іменники у функції означення
- •Артикль
- •Вживання неозначеного артикля.
- •Вживання неозначеного артикля a/an (тільки із обчислюваними іменниками в однині)
- •A/anабо one
- •Артиклі з деякими необчислюваними іменниками
- •Вживання означеного артикля
- •Вживання означеного артикля the
- •Вживання нульового артикля (відсутність артикля)
- •Детермінанти
- •Присвійні прикметники і займенники
- •Присвійні прикметники
- •Присвійні займенники
- •Вказівні слова
- •Кількісні слова
- •Some/any/no
- •Many/much/a lot (lots) of/ (a) few/ (a) little
- •All (of)/most (of)
- •Every/each
- •Another/the other/other
- •Both, neither, either, none
- •Числівники
- •Займенник
- •Особові займенники
- •It або there?
- •Неозначено-особові займенники
- •Indefinite Personal Pronouns
- •Зворотні займенники
- •Прикметник
- •Прислівник
- •Ступені порівняння прикметників
- •Особливі випадки утворення ступенів порівняння прикметників і прислівників
- •Appendices
- •Словотворення Word formation
- •Enjoy your reading
- •I, Pencil My Family Tree as told to Leonard e. Read
- •Innumerable Antecedents
- •Money The History of Money
- •Extract 1
- •Extract 2
- •Extract 3
- •Success story
- •The Financier, by Theodore Dreiser Chapter III
- •The Iron Heel, by JackLondon Chapter 2 Challenges
- •Glossary
- •Internet Resources
- •Contents
Language skills
Ex.11. Ask questions to which the following sentences may be answers.
1. As a mechanism for survival.
2. It is possible to group these different economic structures into four broad categories.
3. The oldest and the most common way of solving economic problems was that of tradition.
4. Strictly speaking, the pure market of laissez-faire system has never existed.
5. Supporters of planned economies cast them as a practical measure to ensure the production of necessary goods.
6. Efficiency is best achieved through a market economy where individual producers each make their own production decisions based on their own profit motive.
7. All countries today have mixed economic systems or mixed economies, with some free enterprise and some government ownership.
8. Economies in states ranging from the United States to Cuba have been termed mixed economies.
9. If the government owns and operates almost all of the nation's means of production, then that nation's economic system is called communism.
10. The U.S. has a free enterprise, or capitalist, economic system.
Ex.12. Answer the questions:
How does every economic society present itself for an economist?
What are the basic types of economic systems?
What kind of questions may help to solve economic problems satisfactorily?
Why does every society face the problem of resource allocation?
What methods of production and distribution are used in a traditional economic system?
Describe advantages and disadvantages of traditional economies.
Who makes economic decisions in a market economic system?
List six essential features of a market economy.
Describe the role of government in a planned economy.
What are disadvantages of planned economies?
Define a mixed economic system.
What is the fourth basic question that should be asked by every society?
Who owns the means of production in the discussed economic system?
Ex.13. Make a presentation of the topic “Types of Economic systems”.
Writing
Ex.14. Make a plan for a summary of Text A.
Ex.15. Write a brief summary of the text (25-30 sentences).
Ex.16. Write an essay (100-150 words) about:.
a) Pros and cons of command economies.
b) The role of government in a free-enterprise system.
Discussion points
Ex.17. With your partners do the following.
Explain the basis on which economists in classifying economic systems distinguish between ‘market’ and ‘command’ economies. On what basis, if any, is it possible to say which type of economy is superior?
Establish criteria such as resource ownership, for comparing market and command economies.
Explain how welfare criteria can be used to judge the success of an individual economic system.
One economic system is superior to another only if it is better able to satisfy welfare criteria. Discuss the evidence.
Avoid making subjective, political statements of opinion.
Ex.18. Can you explain the following sayings in your own words? What other sayings about different kinds of economic systems do you know?
1. Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.Ronald Reagan (American 40th US President (1981- 1989, 1911-2004)
2. The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.Thomas Sowell (American writer and Economist) (1924 – 2006)
3. I don't know if I can live on my income or not - the government won't let me try it. Bob Thaves, the creator of the comic strip Frank and Ernest (1924-2006)
4. We have long had death and taxes as the two standards of inevitability. But there are those who believe that death is the preferable of the two. "At least," as one man said, "there's one advantage about death; it doesn't get worse every time Congress meets.Erwin N. Griswold, Solicitor General of the United States,(1904 - 1994)
5. Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime. Teach a man to create an artificial shortage of fish and he will eat steak. Jay Leno, an American stand-up comedian and television host, (b. 1950)