In a Library

Student A: I want lo read about economics.

Librarian: Then, this is the book to read/to be read.

Student B: I'd like to study financial management.

Librarian: Then, this is the book to study/to be studied.

Student C: I'd like to use some good books on statistics.

Librarian: Then, these are the books to use/to be used.

Student D: I'd like to get the latest information about taxation.

Librarian: Then, this is the article to read/to be read.

Student E: I'd iike to take a good book on finance.

Librarian: Then, this is the book to lake/to be taken.

Ex. 6. Practise these words and word combinations, supply and demand

1. Translate into Russian:

1) Supply and demand is the relationship between how much of a particular
product is available and how much of it people want.

2) Supply is the amount of a commodity or a service which will be offered
for sale at a given price.

3) Demand is the amount of a commodity or service which will be bought at
any given price.

4) Demand is affected by price.

5) Demand increases or decreases as the price changes.

6) Ал increase in demand can also be caused by a rise in consumer spending,
investment and government expenditure.

7) The link between price and demand is shown by a demand curve (кривая
спроса).

Unit 3

I. Business and Government

8) The demand curve is a graph (кривая) that shows how much of the prod­uct can be sold at each price in a range of prices.

I. Now say what you know about demand and supply.

To represent

Translate into English paying attention to the meanings of the Russian word «пред-сташкпъо:

1) Какую компанию вы представляете?

2) Позвольте мне представиться.

3) Позвольте представить вам моего друга.

4) Предложение этой компании представляет для нас большой интерес.

To face

1. Answer the questions:

1) Do you agree that, as a rule, people face lots of problems in theirlife (earn­
ing money, making a career, bringing up children)?

2) Do people sometimes face problems when ihey travel?

3) Do countries face difficulties in different periods of their development?
For example, unemployment, inflation, fow productivity, poverty, slow pace
of economic growth, low investment activity.

2. Make up sentences of your own using:

1) To face danger;

2) to face a dilemma;

3) to face difficulties;

4) to be faced with.

Price

The verbsfrequently used with the word " price " are: to change, to cut, to reduce, to lower, toinci-ease, to raise, to pay, to charge (взимать), Го rise, logoup/down. " Ira us la io into English:

1) На прошлой неделе иены на потребительские товары выросли.

2) За последнее время цены значительно выросли.

3) Некоторые компании решили поднять/снизить свои цены.

4) Покупатели были готовы заплатить более низкую цену.

5) Поставщики начали взимать более высокие цены.

Ex. 7. a) Find evidence in Text A to support these statements:

1. The backbone of any economy are producers.

2.... the imbalances in the market... tend to be corrected by changes in
prices.