- •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
Answer the following questions:
Do you have a bank account? Why do people have bank accounts?
What are two reasons for saving money in a bank account?
What happens to the money that people deposit in their bank accounts?
How does a bank help people transfer money securely?
Banks store and lend money. Do they do anything else for their customers?
Which is safer for you; to have cash in your pocket or to have a credit card?
How do people withdraw money from their credit cards?
6.3 Translate the sentences into English:
Хранить деньги дома – ненадежно, т.к. вас могут ограбить, а также деньги со временем теряют свою стоимость.
Деньги на банковском счете приносят проценты.
Предприятия и частные лица кладут деньги на счет в том банке, которому они доверяют.
Вместо бумажных банкнот и монет люди используют кредитные карты.
С кредитной карты можно снять наличные деньги через банкоматы в любое время дня и ночи.
Банки живут за счет того, что берут проценты с кредитов.
Процентная ставка, которую банки взимают с заемщиков и предлагают вкладчикам, разная. Вот как банки зарабатывают деньги.
Деньги, которые люди кладут в банк, не находятся там. Они выдаются заемщикам.
Определенное количество денег остается в банке. Эти деньги – резерв.
Цифра резерва (например 20% всех вкладов) устанавливается центральным банком. Так правительство контролирует количество денег, обращающихся в экономике.
Revision II ( texts 5 and 6 )
1 Circle the word in each group which does not fit.
kinds of money: fiat, commodity, fake (counterfeit), intrinsic
things you can do in a bank: deposit, barter, borrow, make a withdrawal
words for money: cash, currency, customers, coins, notes
what we do with money: borrow, lend, withdraw, guarantee, keep, pay
banks can be: state, private, savings, percentage
clients in a bank are: account, customers, borrowers, savers
2 Give the right word for these definitions.
the money that a bank keeps in its account at the central bank - …
the cost of borrowing money - …
money in your pockets: coins and notes - …
you can make a withdrawal of money from it day and night - …
if money easily circulates in economy, it has - …
salt makes food tasty, it has … value
a person doesn’t pay back the money he/she borrowed from a bank, so he/she - …
3 Translate the following sentences.
Before the use of money, which is taken for granted by people today, the basic system of payment was swapping or bartering.
The first commodity money was metal, salt and other valuable commodities. Such money lacked liquidity, that is the ability to circulate freely, but it stored value.
Fiat money does not have any intrinsic value, but only represents value.
If you save money, you put it in a box under your bed, which is unsafe and unreasonable, or you may put it in a bank account. The money in an account earns interest.
The main service which any bank provides to its customers is lending money. Banks are the most reliable lenders.
If a client defaults on a loan, the bank uses interest to cover the losses. Though most clients pay back their loans, interest serves as a form of security.
A bank’s clients can make withdrawals at any time, as any bank keeps some percentage of the savings received from its clients as the reserve.