VI. Acronyms and Abbreviations

UNIT 1. WHAT IS ECONOMICS?

PART I. ECONOMICS

APPENDICES

KEYS _____________

III. The Three Sectors of the Economy.

PRIMARY SECTOR	SECONDARY SECTOR	TERTIARY LEVEL
digging iron ore	assembling	advertising products
mining coal	building	calculating prices
	cutting metal	distributing added value
	laying cables	maintenance
	milling metal	marketing products
	pressing metal	packaging products
	smelting iron	pumping oil
	welding metal	transportation

IV QUIZ - JUMBLED WORDS. 1 - assassination; 2 - coup; 3 - trade deficit; 4 -privatisation; 5 - bankrupt; 6 - merger; 7 - election; 8 - unemployment; 9 - inflation; 10 -embezzlement.

VI. Economic Terms. 1 - g; 2 - c; 3 - f; 4 - h; 5 - b; 6 - e; 7 - d; 8 - a.

VIII. Problem Pairs. 1-а) economics; b) economic; 2-а) economy; b) economies; 3 - a)
economic; b) economical; 4-а) productivity; b) production; 5-а) expenditure; b)
expenses; 6-а) take over; b) overtake; 7-а) basic; b) basis; 8-а) rising; b) raising.

IX. Figures. 1 - b; 2 - a; 3 - a; 4 - b; 5 - b; 6 - b; 7 - a; 8 - c; 9 - b; 10 - c.

UNIT 2. MACRO­ECONOMICS AND MICROECONO­MICS

V Test your vocabulary. "Key Economic Terms'.¹ 1.- g; 2 - d; 3 - f; 4 ■ 8-c;9-j;10-b;ll-a;12-i.

1. Association of South East Asian Nations

2. Organization of Petroleum Exporting Countries

e;5-l;6-h;7-k;

3. Public Sector Borrowing Requirement

4. General Agreement on Tariffs and Trade

5. International Bank for Reconstruction and Development

6. United Nations

7. International Monetary Fund

8. European Union

9. Gross National Product

10. World Wildlife Fund

11. Organization for Economic Co-operation and Development

12. World Health Organization

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