BUSINESS ENGLISH 2

УДК 811.111

Г95

Рецензент: Борисова Т.В.

Гуро – Фролова Ю.Р., Соловьева О.Б.

Business English 2: учебное пособие для студентов 2 курса экономических специальностей очной и заочной форм обучения / Ю.Р. Гуро – Фролова, О.Б. Соловьева. – Н. Новгород: Изд-во ФБОУ ВПО «ВГАВТ», 2012. – 53 с.

Целью данного пособия является развитие умений во всех видах речевой деятельности на основе профессионально-ориентированных тем. Система упражнений направлена в первую очередь на формирование лексических навыков, а также умений чтения и перевода со словарем текстов по специальности. Материал пособия организован в виде тематических уроков. К пособию прилагается диск с аудиоматериалами.

Учебное пособие предназначено для студентов 2 курса специальности 080100 «Экономика» (бакалавриат), а также может быть использовано для работы со студентами специальности 080200 «Менеджмент» (бакалавриат).

Работа рекомендована к изданию кафедрой иностранных языков (протокол № от __).

© ФБОУ ВПО «ВГАВТ», 2012

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Unit 1

Finance

1(1) Listening. Listen and practice. Mind the new words.

Companies and individuals often borrow money, and it is important to find a favorable interest rate. Rates

are variable, and can rise or fall depending on the market. Many investors, (people who use their money to earn more money), choose foreign or offshore bank accounts because they are tax-free. Anyone can buy shares in a public company and become a shareholder. All public companies in the UK are obliged by law to publish their financial results at the end of the tax year. They do this

in their annual report to shareholders. Annual reports include profit and loss accounts which show turnover, or the total sum of money, which is coming into the company.

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2. How much do you know about money? Answer the questions.

1.Why do public companies publish annual reports?

2.Who uses information in a profit and loss account?

3.Do the directors or shareholders own the company?

3. Look at the five lists of numbers and choose a term from the box that describes each one.

cardinal numbers, ordinal numbers, fractions, decimal numbers, percentages

1.__________0, 10, 15, 20 …………………

2.__________1st, 2nd, 3rd, 4th………………..

3.__________ ½, ¼ ¾ ……………………..

4.__________0.25, 0.50, 0.75………………

5.__________9%, 25%, 75%.......................

4. Saying numerals. Look at the written forms of the dates, times, money and dimensions. Can you say them? Listen and repeat the numerals.

24.10.2001

24.11.1975

1.3.1960

27.5.2010

5.6.1961

1.

4

7.05 p.m.

3.45

4.15

9.35

12.30

3.55

2.

£ 100 $101 1,000 yen

€1,101 £5000

3. $1,000,000

€1,000,000,000

10 cm

1,000 kg

100 cm2

5.8 km

15 m

4 g

4.

5(2). Listening. Listen and repeat the numerals above.

6. Say the numerals.

$105,673; 29.12.2011; 11.20 p.m.; 7.9 km; €1,594; 17.06.2003; 5.45 a.m.; £45,592; 56cm2.

7(3). Listening.

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Cardinal numbers

7.1.In 1999 a minimum wage was set in Britain. Workers were happy, but the employers were not. Why is this?

7.2.Listen and complete the paragraph.

In 1999 the minimum wage was set at £________ an hour for adults and £__________ for young workers aged between eighteen and twenty-one. Employers wanted the minimum wage to be £___________

but workers wanted it set at £_____________.

7.3. Is there a minimum wage in Russia? Do you think government should set a minimum wage?

8(4). Listening.

Ordinal numbers

Look at the chart. It shows the world ranking of the cost of living in 13 European cities. Listen and complete the gaps in the chart.

THE MOST EXPENSIVE CITIES IN THE

WORLD

9(5). Listening.

Decimals

Look at the bar chart showing annual holidays in eight different countries. Listen and complete the missing figures at the end of the bars.

ANNUAL HOLIDAYS

Czech Republic

Hungary

UK

Greece 24,5

Italy 24,8

France 27,9

Germany 30,5

Spain

days

10(6). Listening.

Percentages

10.1 Listen to two people discussing their weekly expenditure on different things and complete the table.

10.2 Compare the percentages in the table with yours. Tell about your own weekly expenditure.

11. Reading. Read the text and explain the words in bold.

A Bank

A bank is a financial institution licensed by a government. It provides financial services to customers enriching its investors.

Banks act as payment agents. They conduct checking or current accounts for customers, pay cheques drawn by customers of the bank, and collect cheques deposited to customers' current accounts.

Banks borrow money when they accept funds deposited on current accounts or accept term deposits. They also issue debt securities such as banknotes and bonds.

Banks lend money by making advances to customers, or installment loans. They invest in marketable debt securities and other forms of money lending.

Banks provide almost all payment services.

The principal types of banks in the modern industrial world are commercial banks and central banks. Commercial banks accept deposits from the general public and make loans to individuals and businesses and sometimes to governments. Central banks, in contrast, deal mainly with their national governments, with commercial banks,

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and with each other. Central banks issue paper currency and are responsible for regulating commercial banks and national money stocks. Central banks operate for the public welfare and not for maximum profit.

There are institutions which are also called banks but they don’t perform all banking functions. They are classified as financial intermediaries. Such institutions include finance companies, savings banks, trust companies, insurance companies and so on.

Vocabulary

payment agent – посредник в платежах checking – контроль, проверка

term deposit – срочный вклад

debt securities – ценные бумаги – долговые свидетельства bond – долговое обязательство, облигация

installment loan – кредит с платежом в рассрочку national money stock – государственные запасы денег financial intermediary – финансовый посредник saving bank – сбербанк

trust company – трастовая компания insurance company – страховая компания

12. Give Russian equivalents: financial institution

current account to issue

to make advances marketable

to lend money to make loans paper currency public welfare

13. Choose words from the list to fill in the gaps, then use them to make sentences:

debt, current, payment, installment, financial, term

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1._____ account

2._____ deposit

3._____ loan

4._____ securities

5._____ agent

6._____ service

14. Answer the questions:

1.What is a bank?

2.What functions do banks perform?

3.What are the principle types of banks?

4.What is the difference between central banks and commercial banks?

5.What institutions are called financial intermediaries?

15.Make notes under the following headings: A Bank, The Principal Types Of Banks, Financial Intermediaries.

16.Close your books, look at your notes an talk about economy. Use words/phrases from the list to help you retell the text: financial

institution, provide, conduct, borrow money, issue, lend money, make loans, paper currency, financial intermediaries.

Unit 2

Making money

1. Look the words in the box in the dictionary. Complete the text below with them.

shares, shareholders, worth, stake, spend, earn, owe, save, dividend, tax, pay, Stock Market

Me and my money

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