Transcript economic

How will you address these
people?
 Jake Lenard, BSc
 Anne Stern,MA
 Henry Hill, PhD
What is the difference between...?
ECONOMIC
ECONOMIZE
ECONOMICAL
ECONOMICS
ECONOMIST
ECONOMY
ECONOMIZE, ECONOMICAL, ECONOMIC,
ECONOMICS, ECONOMIST, ECONOMY
1. …………………………… (adj.) 1.relating to or involving
economics, money, finance, 2.which produces enough profit
to make it worth continuing with
2. ……………………………(n.) someone who studies the way in
which wealth is produced and used in an area
3. …………………………… (v.)to reduce the amount of time,
money, goods etc. that you use
4. …………………………… (n.)1.the system by which a country’s
goods and services are produced and used, or a country
considered in this way, 2.the careful use of money, goods,
time etc. so that nothing is wasted, 3.a way of spending
less money
5. …………………………… (adj.)using money, time, goods etc.
carefully and without wasting any
6. …………………………… (n.) the study of the way in which wealth
is produced and used
1.
2.
3.
4.
5.
6.
ECONOMIC (adj.) 1.relating to or involving economics,
money, finance, 2.which produces enough profit to make it
worth continuing with
ECONOMIST (n.) someone who studies the way in which
wealth is produced and used in an area
ECONOMIZE (v.)to reduce the amount of time, money,
goods etc. that you use
ECONOMY (n.)1.the system by which a country’s goods
and services are produced and used, or a country
considered in this way, 2.the careful use of money, goods,
time etc. so that nothing is wasted, 3.a way of spending
less money
ECONOMICAL (adj.)using money, time, goods etc.
carefully and without wasting any
ECONOMICS (n.) the study of the way in which wealth is
produced and used
ECONOMIC, ECONOMIZE, ECONOMICAL,
ECONOMICS, ECONOMIST, ECONOMY
1. The country is facing a severe.... crisis.
2. He expects Europe’s ............ to grow faster.
3. This system was extremely ............ because it
ran on half-price electricity.
4. ............ is the oldest in social sciences.
5. What has gone wrong with the ............
system?
6. Some ............ analysis is required here.
7. Strikes were damaging the country’s ............
8. She has a degree in ............
RB: ex.III (p.11)
1. The country is facing a severe ECONOMIC
crisis.
2. He expects Europe’s ECONOMY to grow faster.
3. This system was extremely ECONOMICAL
because it ran on half-price electricity.
4. ECONOMICS is the oldest in social sciences.
5. What has gone wrong with the ECONOMIC
system?
6. Some ECONOMIC analysis is required here.
7. Strikes were damaging the country’s
ECONOMY.
8. She has a degree in ECONOMICS.
Group the following:
IKEA
tyre
furniture
cocoa/sugar
chocolate
mechanic’s
wood
Konzum rubber
Three Sectors of the Economy
 Primary
 Secondary
 Tertiary
*Quartenary sector :
ICT, consultancy, R&D, education,
culture, …
Words, words, words









(RB: p.14)
Industry vs. Manufacturing industry
Consumer goods (1)
Gravitate (1)
Labour costs (1)
“Rust-belt” (2)
Retrain (3)
Outsourcing (3)
Counterpart (3)
A fraction of salary (3)
Home assignment
 RB: pp.11-13
 RB: p.14 Find the words in the text
(previous slide)
Words, words, words
(MK: p.45)
• heavy industry
• services: accountants, lawyers,
marketers, advertisers, real estate,
entertainment, IT, ICT, R&D
• advanced countries
• labour costs
• expertise
• higher education
• strengths
Assignments:
MK.45
1. Decide which arguments are in favour
of manufacturing and which in favour
of services.
2. Reduce each argument (1-7) to one
short sentence.
RB:p.15
3. Read the text and answer the quest.
Back to reading/writing skills …
PARAGRAPHING
 One idea per paragraph (topic
sentence/s?)
 Space between paragraphs
 Avoiding one-sentence paragraphs
 Using connectors (linking words)
within and between paragraphs if
necessary
If this is applied to the text …
 General vs. Specific sentences?
 Topic sentence?
 Connectors?
Paragraph structure
Ideally …
 General statement (e.g. topic
sentence – first sentence?)
 Supporting sentences (specific)
 Concluding sentence
RB:p.66 (paragraphing)
 Tourism has become one of the world’s biggest
industries. It accounts for 11% of global GDP and
employs around 200m people. Estimates suggest that
590 m people travel abroad every year, sometimes
several times…. However, in an increasingly dangerous
world, especially with an ever present threat of terrorist
attack, people may not be willing to travel as much as
they used to. For example, after September 11, there
are fewer Americans travelling, which has been
disastrous for some global tourist economies. The travel
industry usually recovers very quickly, but will this
always be the case in the future?
The Three Sectors of the
Economy (cont.)
PARAGRAPHING (practice)
 Explain in a few sentences (one
paragraph) what the text is about in
terms of the three economic sectors
(RB: p.14). Use the following
expressions: the primary sector, the
secondary sector, the tertiary sector