- •1 Business Organization
- •1 Match words that have a similar meaning:
- •3 Match the words and phrases in the box with the correct definition:
- •5 Complete the sentences using these often confused words: economic - economical, economics – economy
- •Grammar: Present Simple vs Present Continuous We use the Present Simple (V / Vs):
- •2 Business Organization and the Economy
- •1 Match words that have a similar meaning:
- •Grammar: Past Simple vs Past Continuous We use the Past Simple:
- •We use the Past Continuous:
- •3 Ownership
- •1 Match words that have a similar meaning:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Present Perfect – Теперішній доконаний час (1)
- •4 Business Relationship
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "company". Find combinations that mean:
- •3 Match the words and phrases in the box with the correct definition:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •We use the Present Perfect Simple:
- •1 Choose the correct verb form:
- •3 Make sentences about the following people:
- •5 Put for or since into each gap. Translate the sentences into Ukrainian:
- •6 Ask these people questions about their experiences:
- •7 Open the brackets. Translate the sentences into Ukrainian:
- •5 Companies’ Restructuring
- •1 Match words that have a similar meaning:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Present Perfect vs Past Simple
- •1 Choose the correct verb form to complete these dialogues. Practise saying the dialogues in pairs:
- •2 Cross out the sentence which has a mistake:
- •3 Open the brackets using Past Simple or Present Perfect:
- •6 Organizational Structure
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur before "manager". Find combinations that mean:
- •3 Match the words and phrases in the box with the correct definition:
- •5 Choose the correct word:
- •Grammar: Present Perfect Continuous – Теперішній перфектно-тривалий час
- •We use the Present Perfect Continuous:
- •7 Employment
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "job". Find combinations that mean:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •6 Complete the sentences using these often confused words: to provide - to secure - to ensure
- •Grammar: Past Perfect – Минулий доконаний час (1)
- •8 Human Resources
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •5 Complete the sentences using these often confused words: employer - employee
- •1 Make sentences from the chart:
- •2 Put numbers in the brackets to show the order in which each action happened:
- •3 Put the verbs in brackets one in the Past Simple and one in the Past Perfect:
- •4 Open the brackets using Past Perfect or Past Simple:
- •5 Translate into English using the Past Perfect Tense:
- •6 Write down five things you had or hadn’t done by 10 pm yesterday.
- •9 Recruitment Procedure
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Past Tenses (Simple / Continuous / Perfect)
- •1 Complete the sentences with the verb in bold in either the Past Simple or the Past Perfect:
- •2 Past Simple or Past Continuous? Underline the correct tense:
- •3 Put the verb in brackets in either the Past Simple or Past Perfect Simple:
- •4 Complete these sentences. Use past tenses only and add any other words that are necessary:
- •5 Open the brackets using either Past Simple, Past Continuous, or Past Perfect:
- •10 Applying For a Job: Interviewing
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •5 Complete the sentences using these often confused words: power – strength
- •Grammar: Past Perfect Continuous – Минулий перфектно-тривалий час
- •11 Applying For a Job: Writing a Resume
- •Grammar: Tense Revision (Present Time)
- •12 Applying For a Job: cv
- •1 Read the sections of a cv (a-h) and match them with the headings (1-8):
- •2 Complete (1-5) with the highlighted words from the cv above:
- •3 Work in pairs. Look at these 'rules' for writing a cv. Which ones do you agree with? Why?
- •International marketing manager
- •Curriculum Vitae vs Resume?
- •13 Executive Pay
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "pay". Find combinations that mean:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •6 Complete the sentences using these often confused words: salary - income - pay - wage
- •Grammar: Tenses used to describe Future
- •14 Leaving a Job
- •1 Match words that have a similar meaning:
- •3 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
- •Grammar: Майбутній доконаний час – Future Perfect
- •1 Use the future perfect (simple or continuous) to put the beginnings and ends together:
- •2 A romantic novelist writes 300-page books. She writes ten pages a day, and takes no holidays. Use the future perfect to answer the questions:
- •3 Complete the following sentences with a verb in the Future Perfect Simple or Continuous:
- •4 Answer the questions about you. What will you have done…
- •15 The economy
- •I. Give English equivalents of the following:
- •III. Answer the questions:
- •IV. Translate into English:
- •Grammar: Future Continuous vs Future Perfect
- •16 What is economics?
- •I. Translate into English:
- •III. Answer the questions:
- •IV. Translate into English:
- •Grammar: Future Simple / Continuous / Perfect
- •1 Put the beginnings and ends together. Translate the sentences into Ukrainian:
- •3 Complete the sentences using future continuous or future perfect:
- •4 Read the conversation and choose the correct form of the future. Practise the dialogue in pairs:
- •5 Put the verbs in brackets into the correct future form:
- •17 Macroeconomics and microeconomics
- •Grammar: Часи групи Perfect Continuous
- •1 Put together the beginnings and ends of the conversations. Translate the sentences into Ukrainian:
- •2 Complete the sentences using the present perfect continuous tense of the verbs below:
- •3 Read the story and answer the questions using the past perfect continuous:
- •5 How long will you have been learning English / using your computer (mobile phone) / going to college / saving money for something you’d like to have / living in your present house by next summer?
- •18 The economy of ukraine
- •Grammar: Tense Revision Test (1)
- •19 The economy of the united kingdom
- •Grammar: Tense Revision Test (2)
- •20 Markets and market orientation
- •1 Match words that have a similar meaning:
- •2 The words in the box frequently occur after "sector". Find combinations that mean:
- •4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian
- •Grammar: Active Tenses – Revision
- •3 Open the brackets using future simple or future continuous:
- •4 Translate the sentences into English:
- •21 National-income accounting
- •I. Give English equivalents of the following:
- •Grammar 1: Типи питальних речень
- •1 Make questions and define their type. Write possible answers. Translate the questions into Ukrainian:
- •Grammar 2: Negative questions – Питально-заперечні речення
- •2 Write informal negative questions to ask somebody:
- •3 Use negative questions to confirm the following ideas. Be careful with the tenses.
- •4 Use negative questions to confirm the following ideas:
- •5 Write possible short answers to the negative questions. Translate the questions into Ukrainian.
- •22 Taxes
- •Grammar: Revision of articles – Вживання артиклів
- •3 Відсутність артикля
- •2 Find one mistake in each sentence:
- •3 Put a / an, the, or nothing (-). Explain your choice:
- •4 Put the correct article where necessary:
- •5 A, an, the or - (nothing)?
- •23 Supply, demand and market prices
- •I. Give English equivalents of the following:
- •Grammar: Passive Voice (Simple) – Пасивний стан групи Simple
- •24 Wholesaling
- •Grammar: Passive Voice (Continuous) – Пасивний стан групи Continuous
- •25 Retail trade
- •Grammar: Passive Voice (Perfect) – Пасивний стан групи Perfect
- •26 Labour and capital
- •Grammar: Passive Tenses – Revision (1)
- •27 Inflation
- •I. Give English equivalents of the following:
- •Grammar: Passive Tenses – Revision (2)
- •1 Choose the correct answers. Explain your choice:
- •2 Complete the sentences using the words in the brackets in the Passive Voice and define their tense:
3 Complete the sentences using future continuous or future perfect:
1 By this time next week I .....................................(finish) all my exams. 2 This time next Saturday morning we ............................ (fly) to Spain. 3 What ............................(you/do) at this time next year? 4 Do you think we ............................(read) books on computer in the future? 5 They ...........................(invent) a robot which does all the housework by 2050. 6 ................................... (you / do) your homework by six o'clock tonight?
4 Read the conversation and choose the correct form of the future. Practise the dialogue in pairs:
Paul |
By the way, I forgot to tell you. We will have moved / will be moving into our new house on Friday. They've just finished building it. |
Diana |
That's great. But aren't you forgetting that we'll be going / we'll have gone to the class end-of-term party on Friday? |
Paul |
Don't worry. I’ll still be able /1’ll still have been able to go to the party. |
Diana |
But you won't be finishing / won't have finished moving in by then. Look, I'll come / I'll have come and help you sort out your room next week if you like! |
Paul |
That's a very kind offer, but I think you'll be regretting / you'll regret it! You haven't seen all the junk I'm taking with me. |
Diana |
Well, you'll have / you’ll be having to have a throw-out session before you leave your old house. |
Paul |
That's easier said than done! |
5 Put the verbs in brackets into the correct future form:
1 This May we… (know) each other for two years. 2 By 2050 man… (probably /colonise) the planet Mars. 3 Shall I call you later on? – Yes, but not after 9 p.m. I… (watch) the football match on TV. 4 Peter is 16 years old today. This time next year he… (be able to) to drive a car. 5 …Jordan… (be) home by 7 o'clock? – No, he won't. He… (still / play) basketball at school. 6 We're moving next month. By that time the builders… (finish) our new house. 7 The director is making a new film. He… (work) on it for six months.
17 Macroeconomics and microeconomics
aggregate |
сукупність, ціле |
consumption |
споживання |
simplified |
спрощений |
competition |
конкуренція |
equilibrium |
рівновага |
wages |
заробітна плата |
Economics as a science consists of two disciplines: macroeconomics and microeconomics.
Macroeconomics is the study of large economic systems, such as those of whole countries or areas of the world. It tries to explain broad aggregates and their interactions “top down”, that is, using a simplified form of general-equilibrium theory. Such aggregates include national income and output, the unemployment rate, and price inflation and subaggregates like total consumption and investment spending and their components. It also studies effects of monetary policy and fiscal policy.
Macroeconomic analysis also considers factors affecting the long-term level and growth of national income. Such factors include capital accumulation, technological change and labour force growth.
Microeconomics is the branch of economics that studies individual producers, consumers, or markets or the decisions and choices made by individual businesses, families, etc. about spending or earning money, for example the choice to charge a particular price for goods.
Microeconomics also studies how government activities such as regulations and taxes affect individual markets. Besides microeconomics tries to understand what factors affect the prices, wages and earnings.
1 What is microeconomics? 2 What is macroeconomics? 3 What factors are taken into consideration when macroeconomic analysis is performed? 4 What is the main difference between the two disciplines?
Translate into Ukrainian:
1. Economists have two ways of looking at economics and the economy. One is macro approach, and the other is the micro.
............................................................................................................................................................................
2. Macroeconomics is the study of the economy as a whole. In particular, it studies the overall values of output, unemployment and inflation.
..........................................................................................................................................................................................................................................................................................................................................................
3. Equilibrium is a situation in which the amount of particular goods or services that people want to buy (demand) at a particular price equals the amount that businesses want to supply (supply).
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