Grammar exercises. VIII. Discuss these questions with your partner

VIII. Discuss these questions with your partner.

VII. Discuss the following with your partner.

VI. Discuss these questions with your partner.

III. Match the words with the definitions.

1. Budget A. the people who control a country and make

laws

2. Business B. information

3. Convenience C. company that sells goods or services

4. Data D. easiness

5. Demand E. the amount of money you have for

something

6. Government F. how much people want something

7. Inflation G. the number of people without work

8. Resources H. something such as money, workers or

minerals belonging to an organization, country, etc. which can be used to function properly

9. Trade-off I. rising prices

10. Unemployment J. giving away something in exchange for

something 12

IV. Now read the text again and match each paragraph with the
correct heading.

Paragraph 1

Paragraph 2

Paragraph 3

Paragraph 4

Paragraph 5

How economists work

Making deals every day

Various ideas about economics

Two areas of economics

Two types of economists

V. Say what you have learned about:

— Microeconomics,

— Macroeconomics,

— Resources we need,

— Our demand,

— The relationship between the money people earn and employment.

Think and give extensive answers.

— Do you have any idea where the word economics comes from?

— Do you know the names of any famous economists from the past or anything about their ideas?

— Do you know much about economics?

— Tick which of these statements you think are true.
Then explain to your partner why.

1. Economics is only the study of money.

2. Economics is something governments take care of.

3. An economist basically decides how money is spent.

— If you live in a modern economy, life is quite easy.

— Before the Industrial Revolution life was much harder.

— In what ways was life more difficult?

IX. Rewrite these words and word-combinations in the plural
(§ 1), translate them.

This student, this study, this language, this lesson, this picture, this tape-recorder, this box, this phenomenon, that woman, that man, that class, that country, that shelf, that child, that knife, date, analysis.

X. Choose the correct pronoun (§§ 4 и 5).

1. They always see (our, us) in the language laboratory. 2. This cable is from (his, him). 3. We often work in the laboratory with (their, them). 4. I am going to (his, him) place. 5. He was glad to study with (you, your). 6. Look at the picture, (it, its) is beautiful. 7. We like (us, our) University.

XI. Translate the words in brackets using many, much, few, little
(§ 8).

1. There are (много) shops in our district. 2. We listened to (мало) programs last years. 3. I had (мало) time for rest last summer. 4. Don’t make so (много) noise. 5. There are (мало) students in the library. 6. (Много) people visit Moscow every day. 7. There is not (много) water here.

XII. Supply the correct forms of the verbs (§ 11). Translate the
sentences.

1. They would agree to a higher price if the equipment (to be) more
effective.

2. Up to now we (not to receive) any information about their position.

3. We (to have) to replace this equipment in view of the cost increases.

4. Last year we (to sign) an agreement with a British firm.

5. This merchant firm (to dispose) all the goods bought from us.

6. … you (to settle) the question about the extent of the
commission?

7. We (not to grant) the exclusive right to our agency in Great
Britain.

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