Английский для экономистов (учебник английского языка)

On the other hand, the complex financial … and production process that characterizes an advanced economy in the 1980s requires individual decision makers … both the current economic environment and forecasts of the economic environment. Decisions that require an understanding of the overall functioning of the economy … business decisions such as whether firm should sell bonds or stock to raise new … and individual decisions such as whether to change jobs or purchase a new home. Whether a person «wears the hat» of an entrepreneur, a business …, or a head of a household, it is important to be aware of the … of the economy as a whole.

Ex. 14. Add an appropriate preposition to each of the following sentences where indicated.

1. This refers … the interactive effect of the parts of the system working together.

2. They decorated the house regardless … cost.

3. Economic forms range … the mixed private enterprise … completely controlled economies.

4. Everyone, irrespective …means or occupation, shall have an equal opportunity.

5. This function is basically performed … the price mechanism.

6. This simply means that demand … and supply … goods and services interact.

7. Gradual change is preferable …sudden, large-scale change.

8. Such a system affects … every link in the distribution chain.

9. They have to satisfy their wants and needs … the consumption of such products and services.

10. It has also made it easier …the same time.

11. The political system is coupled … the economic system.

12. Organization must have access .. modern technology.

13. All organizations depend … supply of labour force.

14. The economic system is concerned … the allocation of scarce resources.

15. We must try to cope … our problems.

16. The entrance door gives access … the living room.

Ex. 15.Open the brackets.

The Price System

Who (to tell) workers where (to work) or what occupation to choose? Who (to declare) haw many cars should (to produce) and how many homes should (to built)? Who (to specify) the predominant style of women’s dresses or men’s suits?

The greater the degree of competition the more these matters (to decide) impersonally and automatically by the price system or the market system. This may ( to view) as a system of rewards and penalties.