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бесплатно рефератыАнглийский язык для экономических специальностей (English for economists)

III. Grammar Exercises

Formation of the Passive Tense Forms

Present

Past

Indefinite

I am

He is invited

We are

I was

He was invited

We were

Continuous

I am

He is being

We are invited

I was

He was being

We were invited

Perfect

I have

He has been

We have invited

I

He had been

We invited

Perfect Continuous

---------------

------------------

Future

Future in the Past

Indefinite

I shall/will

He will be invited

We shall/will

I should/would

He would be invited

We should/would

Continuous

------------------

-------------------

Perfect

I shall/will

He will have been

We shall/will invited

I should/would

He would have been

We should/would invited

Perfect Continuous

_____

_____

7. State the tense and voice form of the verbs:

can be divided; are owned; will be used; was provided; has been expanded; is made; might have been obtained; shall be asked; is being done; have been translated; should be called; were being built; was followed; had been closed; will have been helped; would have been called.

8. Translate the sentences into Russian:

1. Don't put on that funny hat. You will be laughed at. 2. I hope my work will be approved of. 3. Our professor is always attentively listened to. 4. In producing these things the new synthetic material has been made use of. 5. His words were not taken notice of. 6. Will the results of our work be referred to by? 7. The proposal was objected to by. 8. She has always been well spoken of. 9. All the new data have been looked through with great attention. 10. Where have you been? You have been looked for everywhere.

9. Give the corresponding passive construction:

1. They will insist on your arrival. 2. They told us very interesting news. 3. They do not allow people to own this plot of land. 4. They asked me to take part in this conference, but I refused. 5. This boy told a lie once, therefore nobody believes him now. 6. They speak much of every new achievement in computer programmes. 7. I don't think you pay much attention to the obligations of your company. 8. Nobody wondered at the excellent results of this business enterprise. 9. Have you sent for the managing director? 10. They gave us all necessary information. 11. I looked for the warranty card everywhere, but I could not find it anywhere. 12. This executive officer took great care of the advertising of their products.

10. Translate the following into Russian:

Since the beginning of that extraordinary era of economic progress ushered in by the Industrial Revolution, old ways of conducting business have been modified, and new forms of business organization have been introduced.

Unless an activity is specifically prohibited by law, no line of business is closed to an owner.

Unless a limited partnership has been established, all parties equally share the burden of loss and debts.

Some products are marketed most effectively by direct sale from manufacturer to consumer.

Simple transactions are completed by clerks.

Displays must be supplied and set up, and cooperative advertising programs may be worked out.

Store clerks should be trained in a knowledge of the manufacturer's products.

The production plan must be made to meet fluctuating market demands.

Workers must be hired, trained, and assigned in synchronization with the changing production processes and schedules.

Commodity analysis studies the ways in which a product or product group is brought to market.

Forms of the Infinitive

Active

Passive

Indefinite

to ask -- спрашивать

(V0)

to be asked -- быть опрошен-ным (спрашиваемым)

(to be + V3)

Continuous

to be asking -- спрашивать

(to be + V-ing)

__________

Perfect

to have asked -- (уже) спросить (в прошлом)

(to have + V3)

to have been asked -- быть (уже) спрошенным (в прош-лом)

(To have been + V3)

Perfect Continuous

to have been asking -- спросить

(to have been + V-ing)

__________

11. Define the form of the Infinitive:

to manage; to be informed; to have been over; to be improving; to have been entering; to be investigated; must be raining; shall discuss; to have been taken.

12. a) Form verbs using the suffix -en:

wide, deep, broad, strength, length, sharp, moist.

b) Form verbs from the following nouns using the suffix -ize:

victim, sympathy, patron, character, organ.

c) Form nouns from the following nouns and adjectives using the suffix -ism:

race, communist, capital, social, feudal, nominal.

13. Read the text and retell it in Russian:

Paul Samuelson (1915-) And Milton Friedman (1912-)

Two Views of the Proper Role of Government in the Economy

Paul Samuelson and Milton Friedman are two of America's most distinguished economists. In recognition of their achievements, Samuelson was awarded the Nobel Prize in Economics in 1970 and Friedman in 1976. Both spent most of their professional lives on the faculty of major universities (Samuelson at the Massachusetts Institute of Technology, and Friedman at the University of Chicago). Given their similarities, one would think that the two would also hold similar views on economic issues. Nothing could be further from the truth. And, some of their sharpest differences center on the question of what ought to be the proper role of government in the economy.

Classical economists in the tradition of Adam Smith had long recognized the need for government to provide goods and services that would not or could not be provided by the private sector (like national defense). But they urged that this participation be kept to a minimum.

But Samuelson argued that too many of the problems the classical economists wanted to leave to the marketplace were not subject to its influence. These externalities, affecting things like public health, education, and environmental pollution, were not subject to the laws of supply and demand. Consequently, it was up to government to establish goals for the economy and use its powers to achieve them.

Milton Friedman sees things differently. Like the classical economists of old, he regards supply and demand as the most powerful and potentially beneficial economic forces. The best that government can do to help the economy, in Friedman's view, is to keep its hands off business and allow the market to "do its thing." The minimum wage laws are a case in point. Whereas Samuelson endorses minimum wage laws as a means of helping workers at the bottom of the income ladder, Friedman would argue that by adding to unemployment, they harm the very people they were designed to help. That is, he explains, by increasing labor costs, minimum wage laws make it too expensive for many firms to hire low-wage workers. As a result, those who might otherwise be employed are laid off.

On the one hand, Samuelson endorses the concept of government-sponsored programs such as public housing and food stamps as a means of reducing poverty. Friedman, on the other hand, would prefer to give the poor additional income and allow them to use the funds to solve their problems without government interference. To apply this concept, Friedman suggested the "negative income tax." The graduated income tax takes an increasing amount in taxes as one's income rises. The negative income tax would apply a sliding scale of payments to those whose income from work fell below a stated minimum.

Unit 10

Grammar: 1. Функции инфинитива.

2. Инфинитив в функции определения и обстоятельства.

I. Language Practice

1. Practise the fluent reading and correct intonation:

Asking the Way.

-- Excuseme, `can you `tell me the `way to Tra`falgar Square?

-- Certainly. `Go `down Regent Street | into Piccadilly Circus | and `then `go `down the Haymarket.

-- Excuse me, sir, | but `would you `tell me where Hyde Park is?

-- I really have no idea. I'm also a stranger here. You'd `better ask the policemen over there. He'll give you `all the infor`mation you want.

-- `Would you `mind telling me `how I can `get best from here to `Hyde Park?

-- Oh, | that's a pretty `long way from here. Go as `far as the next corner | and `wait for a `bus with «Hyde Park» on it.

-- Excuse me, | `can you `tell me the `way to Hyde Park?

-- Certainly. It's about `fifteen `minutes' run by `bus 9 from here. If you `tell the conductor, | he'll `put you down there.

-- `One moment, sir. `Can I `get to `Hyde `Park by the Underground?

-- Sure. `Take the Underground | from Mansion, House.

-- Excuse me, | `am I right for Farringdon Road?

-- No, madam. You are `going the wrong way. In fact, | in the opposite direction.

-- No. You'll `have to `go back to the `bottom of `this road, | take the first `turning on your left (`turn to the left), and `walk straight on as `far as the `third cross-to-ads. You `can't `possibly miss it.

2. Listen to the speaker; read and memorize the following words and phrases:

to survive - выжить

internal funds - внутренние средства

expenses - расходы

depreciation - амортизация

replacing assets - замененные средства

wear out - изнашивать

retained earnings - нераспределенная прибыль

external funds - внешние средства

to borrow - брать взаймы

proprietorship - собственность

Text. The Sources of Business Funds

In many ways, money is to business what water is to plants. Plants need water to begin life, to survive and to grow. Similarly, firms need money to begin operations, to meet their day-to-day expenses and to expand. Most of the money used by business comes from the sale of its products and services. Since these funds come from within the firm they are described as internal funds. The rest must come from outside, or external sources.

Internal Funds. As a firm sells its products or services, it receives money, which it uses to meet its expenses. One of these expenses, depreciation, represents the cost of replacing assets (like tools, machinery, and buildings) that wear out. Typically, businesses use internal funds to cover the cost of depreciation.

The funds that remain after paying expenses are a firm's profits or earnings. Although the owners or stockholders could take it all for themselves, in most instances some portion of the profits will be retained by the business. Since its "retained earnings," along with the sum it set aside for depreciation came from within the firm, they are known as internal funds. About 60 to 70 percent of a business firm's financing come from its internal sources.

External Funds. Sales do not remain constant from one season, or month or week to the next. There are times when more money comes in to a business than is needed to pay its bills. Similarly, at other times there is not enough money coming in to cover operating costs. When this happens, there are only four things that the firm can do:

dip into savings,

borrow,

sell shares of stock (if it is a corporation) or seek additional capital from the owners (if it is a partnership or proprietorship),

reduce spending.

II. Exercises on the Text:

3. Give English equivalents to:

во многих случаях; чтобы покрыть каждодневные расходы; большая часть денег; остальные должны исходить извне; поскольку фирма продает свою продукцию или услуги; чтобы покрыть издержки за амортизацию; в большинстве примеров; выделять на амортизацию; они известны как внутренние фонды; бывают времена; когда это происходит; продать долю в акционерном капитале.

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