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51

Activity 2. Complete each sentence with a word or phrase from the box

■arms

 

■broke ties with

 

 

 

 

■domestic consumption

 

■fall back on

 

■infrastructure

 

■open to

■privileged elite

■run down

■Socialist Bloc

 

■the future holds

■turnover

 

 

 

 

 

 

 

1.

Factories become ………… if management don’t look afte

r buildings and invest in

 

new equipment.

 

 

 

 

 

2.

Nobody

really knows

what …………, but you

s

hould make plans anyway.

3.

Many countries make lots of money selling …………… lik

e tanks and guns to

 

foreign armies.

 

 

 

 

 

4.

In the West, the Communist countries of the USSR were called the ……………….

5.

When he left the company, he …………. all his old coll

eagues.

6.

It’s good to have some savings to ……………. during har

d times.

7.

The company was very …………… my proposal for a new

range of products.

8.

Most of the wealth in modern industrial countries is owned by a small ………….

9.

Products

for ………….. are only

sold in the

country where they are made.

10.The ……………. Means the roads, railways, power and com

munication networks

 

that industry needs.

 

 

 

 

 

11.The ………….. of our new products has been very high a

nd we have gained a good

 

income from them.

 

 

 

 

 

Activity 3. Translate into English using words from the text

В последние годы внешнеторговый товарооборот России растёт, при этом объемы экспорта по стоимости растут более быстрыми темпами, чем объёмы импорта. Россия экспортирует сырьё: нефть, природный газ, древесину, металлы,

52

сталь, рыбу. На нефть и газ приходится около двух третей всего объёма российского экспорта.

Большая часть отраслей обрабатывающей промышленности неконкурентоспособна и полуразрушена, поэтому необходимо инвестировать

«нефтяные» деньги в инфраструктуру и капитал.

Activity 4. Complete the puzzle with words from the unit. Find out the highlighted

phrase

 

1

 

 

 

V

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

M

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

 

 

 

 

 

U

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

 

 

 

 

E

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5

 

F

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6

 

N

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7

 

 

G

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9

 

 

D

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10

 

 

M

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11

 

P

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.Hopefully this will happen to the economy after a recession.

2.An amount of money that has been or must be paid. (the value of imports compared

to the value of exports is called the balance of ……..)

3. Managed by the government.

4. Money which one receives regularly, usually as payment for one’s work.

5.When the value of imports is greater than the value of exports, there is a trade

………

6.Goods such as food, clothing and equipment used at home or in everyday life

 

53

7.

The process or rate of growing and developing.

8.

People who lend money to companies so that they can grow.

9.

Articles for sale.

10.Goods that are raw materials for industry, or other goods that are not processed. 11.……….inflation is very, very high inflation.

Activity 5. Write your own definition for the highlighted word

Activity 6. Answer the following questions

-How have the economic changes in Russia affected you and your family?

-Do you think life in Russia is better or worse than it was five years ago?

-Are you optimistic about the future?

Test. Units 4 – 6.

I. Complete the following sentences with the words from the box

deposit

advertising

customer needs

storing and lending

The four Ps

investment

 

exports

 

value

liquidity

marketing

account

orientation

interest

 

 

 

 

 

 

 

 

54

 

1.

In popular usage, the term “……………….” refers to the

promotion of products,

especially advertising and branding.

 

2.

‘………………..’ form the basis of the marketing mix.

 

3.

Promotion

includes …………, sales promotion, publicit

y, and personal selling,

and refers to the various methods of promoting the product, brand or company.

4.

Most companies today have a consumer ………... This im

plies that the company

focuses its activities and products on …………...

 

5.

………………..refers

to how easily money can

circulate.

6.There’s a problem with commodity money: not everyone may agree on the …… of the commodity, which is used as money.

7.

Money

in

a bank savings ………….., ho

wever, will earn interest.

8.

Apart

from

………………..money, banks offer ot

her financial services.

9.

Basically, banks make a living by charging ……….on l

oans. Of course, when you

make a …………. into a bank savings account, the ba

nk pays you interest on that

money.

 

10.

………….. from abroad was not encouraged because the g

overnment wanted full

control of production and prices

 

11.

In fact, energy resources make up over two thirds of Russia’s ………...

II. Make up questions

1.is / what / based / on / the value?

2.calculated / how / inflation / is / rate / the?

3.money / can / for /long / how /the /be / bank / kept / at the?

4.reduced / tax / can / be / the?

5.by / can / be / average / income / families / regulated /the /government?

6.the / start / when / sale / is / expected / to?

7.taken / should / what / risk / measures / be / minimize / economic / to?

55

III.

Complete

the

sentences using

the correct passive

form

of the verbs in

 

brackets

 

 

 

 

 

 

 

 

 

 

 

1.

Top managers ……… by a company’s board of director

 

s. (appoint and supervise

 

and dismiss)

 

 

 

 

 

 

 

 

 

 

 

2.

Marketing methods ……..by many of the social s

ciences. (use)

 

 

3.

Products for domestic consumption

only …….

in

the

 

country where they are

 

made. (sell)

 

 

 

 

 

 

 

 

 

 

 

4.

A small amount of the total savings ……… by t

he bank so that customers can

 

make withdrawals. (keep)

 

 

 

 

 

 

 

 

 

5.

Products often ……… to meet the desires of gro

ups of customers. (develop).

IV. Fill in the gaps with the appropriate prepositions from the box

 

 

 

 

 

 

 

 

 

 

 

 

 

 

to

of

in

into(2)

by

 

with

 

for

 

on(3)

 

 

 

 

 

 

1.

McCarthy divided marketing ……… four general sets of

 

activities.

2.

Many firms, such as research and development focused companies, successfully

focus ………. product innovation.

 

 

 

 

 

 

 

 

 

3.

The term “marketing” refers …. the promotion of pro

ducts, advertising, branding

4.

The

mix

of the Four Ps must

reflect

purchasing power

………the

consumers……..the target market.

 

 

 

 

 

 

 

 

 

5.

Twohundred of people are employed ………..

 

our

 

company.

6.

Shortages ………… simple things like

shoes

 

were

common.

7.

The company is run…….. three brothers.

 

 

 

 

 

 

8.

The

prices

are specified……..

the

VAT

account

 

 

 

 

 

 

56

 

9. Basically, banks make a living by charging interest

………. loans. Of course,

when you make a deposit

…… a bank savings acco

unt, the bank pays you

interest …….. that money.

 

 

 

 

CONTENTS

 

Unit 1.

Econimics……………………………………………………

3

 

Unit 2.

Economists………………………………………………….. 14

 

Unit 3.

Management ……………………………………………….. 19

 

Unit 4.

Marketing …………………………………………………..

29

 

Unit 5.

Banks ……………………………………………………….. 41

 

Unit 6.

Russia’s foreign trade ……………………………………...

47

57

Информационно-методическое обеспечение дисциплины:

1.Y. Mackenzie. English for Business Studies. CUP, 1999.

2.Understanding Consumer Behavior. Peter and Olson, 1994.

3.И.П. Агабекян, П.И. Коваленко, Ю.А. Кудряшова. Английский язык для экономистов: учеб. Пособие. – М.:Проспект, 2010.

4.Sheila Dignen and Brigit Viney. Grammar Practice for Intermediate Students. (Third edition). Published by Pearson Longman, 2007

5.Michael Vince. Intermediate Language Practice English Grammar and Vocabulary. Published by Macmillan, 2003

6.

Raymond Murphy. English in use. Cambridge University Press. 2007

7.

Голицынский Ю. Б. Грамматика:

сборник упражнений. СПб: КАРО 2001

8.

СаакянА.С. «Exercises in Modern

English Grammar”, Айрис-Пресс, 2006

Киселёва Елена Викторовна

English for Economists

Учебно-методическое пособие по дисциплине иностранный язык для студентов, обучающихся по направлению подготовки 38.03.01 Экономика, профилю «Экономика предприятий и организаций»

Федеральное государственное бюджетное образовательное учреждение высшего образования «Нижегородский государственный архитектурно-строительный университет» 603950, Нижний Новгород, ул. Ильинская, 65.

Полиграфический центр ННГАСУ, 603950, Н.Новгород, ул. Ильинская , 65.

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