Главная страница | Контакты | Случайная страница Автомобили Астрономия Биология География Дом и сад Другие языки Другое Информатика История Культура Литература Логика Математика Медицина Металлургия Механика Образование Охрана труда Педагогика Политика Право Психология Религия Риторика Социология Спорт Строительство Технология Туризм Физика Философия Финансы Химия Черчение Экология Экономика Электроника

Economist

Your vocabulary

Economy

- a system according to which the money, industry, and trade of a country or region are organized.

- a country's economy is the wealth that it gets from business and industry.

- careful spending or the use of things in order to save money.

- large-size packages of goods which are cheaper than the normal sized packages on sale.

Economic

- concerned with economics and with the organization of the money, industry, and trade of a country, region, or social group.

- relating to services, businesses, etc. that produce a profit.

- Economical

- something that is economical does not require a lot of money to operate.

- using the minimum amount of time, effort, language, etc. that is neces­sary.

Economics

- the study of the production of wealth and the consumption of goods
and services in a society, and the organization of its money, industry, and
trade.

Economist

- an expert or student of economics.

- Economize

- save money by spending it very carefully and not buying expensive things.

Ex. 1. Choose the correct word from two words given in brackets:

1. I have always been interested in (economics, economy). 2. In China (economic, economical) reforms began in 1979. 3. The Russian (economics, economy) is gradually becoming stronger. 4. She wastes too much money, I can't say she is an (economic, economical) housewife. 5. This company was founded two years ago, and since then it has been leading a wise (economics, economy). 6. She never wastes money, a very (eco­nomic, economical) woman, indeed. 7. The (economic, eco­nomical) development of this country is steadily rising. 8. The company's (economic, economical) strategy is well developed and wisely designed. 9. The complete (economics, economy) comprises many millions of (economic, economical) units. 10. Economists spend a lot of time trying to develop models of the working of the (economics, economy). 11. There are three ways of measuring the amount of (economic, economical) activity in the (economics, economy). 12. The UK is a mixed (econom­ics, economy). 13. The world (economics, economy) was pro­ducing for OPEC and less for Germany. 14. In any (econom­ics, economy) the allocation of resources is determined by the production, sales, and purchase decisions made by firms, house­holds, and government.

Ex. 2. To show that you understand the words given above, choose the best word tocomplete the following sentences. Add noun, verb or ad­verb endings if necessary.

1. Home... is a subject studied at school and college in which students are taught how to run a house well and efficiently.

2. New England's... is still largely based on manufacturing.

3. All Western... are competing against each other.

4. These businesses contribute hundreds of millions of pounds to the... of the country.

5.I switched off the lights as an... measure.

6. If you make..., you take action in order to save money, by not spending it on unnecessary things.

7. You'll have to travel... class.

8. Buy our new... packs of 100.

9. If you are really going to buy a car, we'll have to... on other things.

10.In his works he explains the ideas of the great English... J.M. Keynes.

11.She thought of herself as an... wife.

12.This system was extremely... because it ran on half-price electricity.

13.What has gone wrong with the... system during the last ten years?

14..... is the oldest of social sciences.