- •Пособие по английскому языку
- •От автора
- •1 The Traditional Economy
- •Translate this summary of the text into English:
- •2 The Market Economy
- •Put the letters in bold in the correct order to make the right word: Advantages and disadvantages of two economies
- •Translate these sentences using the new words of the text:
- •3 The Planned Economy
- •Find answers to these questions in the text:
- •4 The Mixed Economy
- •4.2 Decide, whether these statements are true or false:
- •Complete the sentences according to the text:
- •Put the letters in bold in the correct order to make the right word: Advantages and disadvantages of two economies
- •Complete the rows of word families, as in the example (with the words which were in the texts):
- •4 Complete the sentences with correct words given below:
- •5 Money
- •Find in the text the English equivalents to the following words and word
- •Using information from the text name some advantages and drawbacks of:
- •Put the letters in bold in the correct order to make the right word:
- •Translate into the English language:
- •Answer the following questions:
- •6.3 Translate the sentences into English:
- •1 Circle the word in each group which does not fit.
- •2 Give the right word for these definitions.
- •3 Translate the following sentences.
- •4 Complete each sentence with a word or a phrase from below:
- •5 Answer these questions according to the text or from your own life experience:
- •6Write a promotional leaflet for a bank. The aim is to attract new customers and to inform existing customers about the services the bank offers. Try to use the words from the texts.
- •7 Inflation
- •7.2 Answer the following questions.
- •Translate the following sentences into English.
- •Unemployment
- •Answer the questions according to the contents of the text:
- •Translate from Russian into English.
- •9 Poverty
- •9.2Insert the following words and word combinations into the gaps in this text: five, different, relative, low-income, single parents, poverty, money, depression, school, die, to have a baby, divorce:
- •Translate the sentences from Russian into English:
- •Retell the text according to the plan (12-15 sentences)
- •Revision III ( texts 7 – 9 )
- •2 Answer these questions according to the texts or from your own life experience:
- •3 Read the following text and draw a chart for the unemployment in the two countries over the given period:
- •Wealth, Income and Inequality
- •Answer the questions:
- •Put the letters in bold in the correct order to make the right word:
- •Translate from Russian into English:
- •Less Developed Countries
- •Say, whether these sentences are true or false:
- •Translate these sentences into English:
- •Monopolies
- •Match the phrases with their definitions:
- •12.3 Insert the words and word combinations in the gaps of the text: price, danger, demand, spend, world, consumers, petrol:
- •Translate the sentences into English:
- •Revision IV ( texts 10 – 12 )
- •1 Match the words and phrases with their definitions:
- •3 Choose the correct word in the sentences:
- •Translate the following sentences:
- •The Labour Market
- •Put in the missing words into the sentences according to the text:
- •Translate the sentences into English:
- •Factors of Production
- •Answer the following questions:
- •Translate the text using a dictionary (time limit – 20 minutes):
- •Translate into English:
- •Division of Labour
- •Find in the text suitable words to the following definitions:
- •Translate into English:
- •Government Revenue and Spending
- •Match the words and their definitions:
- •Translate the text using a dictionary (time limit – 30 minutes):
- •Translate the sentences into English:
- •Revision V ( texts 13 – 16 )
- •2. Complete the sentences according to the texts:
- •Macroeconomics
- •Find a word in the text to match the definitions:
- •Translate the text using a dictionary (time limit – 40 minutes):
- •18 Fiscal Policy
- •Answer the questions to the text:
- •Fill in the gaps with the words from the text:
- •19 Monetary Policy
- •19.2 Match the words and their definitions:
- •Translate into the English language:
- •20 The Law of Demand
- •20.2 Answer the following questions to the text:
- •20.3 Translate the sentences into English:
- •21 Aggregate Demand and Aggregate Supply
- •21.2 Answer the questions to the text:
- •21.3 Translate the sentences into English:
- •Revision VI ( texts 17 - 21 )
- •2 Finish the sentences according to the contents of the texts:
- •3 Insert the words and word combinations into the text: income, products, measure, change, exist, population, wealth, supplies, growth:
- •Answer the questions according to the texts and from your own life experience.
- •22 The Business Cycle
- •Find a word in the text to match the definition:
- •22.3 Translate into the English language:
- •23 The Open Economy
- •23.2 Are the statements true or false? Correct the false statements:
- •24 International Trade
- •24.2 Answer the following questions:
- •24.3 Translate the sentences into English:
- •25 Economic Growth
- •25.2 Make up pairs of synonyms and antonyms from these words:
- •25.3 Translate the text using a dictionary (time limit - 40 minutes):
- •25.3 Translate the sentences into English:
- •Revision VII ( texts 22 – 25 )
- •2 Put the letters in bold in the correct order to make the right word:
- •3 Answer the questions according to the texts and from your own life experience.
- •Bibliography
Match the phrases with their definitions:
1) pure monopoly a) a company with the power to
set prices in the market
2) natural monopoly b) when a company buys a competitor
3) legal monopoly c) when only one company supplies to
the market
4) horizontal takeover d) when a company buys a supplier
5) vertical takeover e) when a monopoly occurs due to
economy of scale
6) price maker f) when a monopoly occurs due to
government control
12.3 Insert the words and word combinations in the gaps of the text: price, danger, demand, spend, world, consumers, petrol:
Even companies that have a monopoly must be careful. The laws of supply and … are not so strong, but a company cannot set any price they want. Eventually, … will not be able to buy if the … is too high. When this happens, demand will fall and the company must lower its prices.
Another danger for monopolies is innovation. A company may have control of the market for cars that use petrol. However, if another company invents a car that does not need …, the company is in trouble. This is why even powerful companies … money on research.
Finally, a company may have a monopoly in their own country, but they may not have a monopoly in the whole … . A takeover by a foreign company is one more … the monopoly has to face.
Translate the sentences into English:
Если компания является монополией, то ее доля на рынке так велика, что остальные компании не могут конкурировать с ней.
Монополии не выгодны для потребителей, т.к. они устанавливают цены на рынке.
Кроме естественных монополий, другие монополии создаются более агрессивным путем – поглощением других компаний.
Если на рынке только одна компания поставляет продукцию или услуги, то это чистая монополия.
Если крупная компания купит своего поставщика сырья, то это вертикальное поглощение; если эта крупная компания купит конкурирующую компанию, то это горизонтальное поглощение.
Если государство способствует созданию компании и делает ее единственным правовым поставщиком определенной продукции или услуг, то это государственная монополия.
Монополии не выгодны для потребителей, т.к. они означают меньше выбора потребителям.
Revision IV ( texts 10 – 12 )
1 Match the words and phrases with their definitions:
1) valuable a) to lend money to a company or bank in order
to earn more money
2) invest b) the way in which a supply of something, like
money, is shared among people
3) pension scheme c) money put somewhere for later use, for
example in the bank
4) static d) a way of saving money for when you get old
and stop working
5) distribution e) immobile, not moving
6) interest f) part of the value of a company – people buy
and sell these
7) savings g) important or worth money
8) stocks and shares h) if you save money in a bank, you get this
extra money for keeping it there
2 Complete the sentences with the given words: a) legal b) naturally
c) innovation d) takeover
e) illegal f) cables
1) When a company gains control of another company it is called a …
2) Raw materials are things like wood or oil that exist … .
3) Electricity travels along … to reach our houses.
4) … is investing and thinking of new solutions to problems.
5) If something is … , it is allowed by law.
6) When something is … , it is not allowed by law.