Why economics?

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PDF Resource Bank1 is already waiting for you in
the ABOUT section
Check
p 14, VI: Fill in the blanks
1, 2, 4, 6, 16, 18, 19 (1), 23, 21 – economic
3, 7, 10, 12, 15, 19 (2) – economy
5, 9, 11, 24 – economical
8, 13, 20, 25 – economics
17, 26 – economist(s)
22, 27 – economise
VII Sort out the words
- theoretical, Keynesian, classical, applied economics
- international, booming, healthy, black, fragile, global
economy
SENTENCES?
Briefly discuss in pairs
• Do you think everybody should have some
knowledge of economics? Why?
• In what way do you think knowledge of
economics can help people in their lives?
- (make a list)
- ...
• What is the difference between economics
and business?
• What do economists do?
- (make a list)
- ...
Why economics? RB, p 16-19
II Before reading Why Economics match the
words/phrases to the explanations.
III Skim the text and decide which paragraphs
should be given the following headings. Each
heading reflects the main idea presented in the
paragraph.
IV Start reading the text, check your predictions
and write the headings on the blank lines. Then,
choose the correct bold-typed words.
HW: FINISH task IV at home + all tasks on p 19
Reading techniques
Skimming and scanning
• Skimming – getting the rough idea
(headline, subtitles, visuals → form an idea about the text)
• Scanning – looking for specific information:
(e.g. key words/key sentences i.e. topic sentences – RB p 77)
A scanning exercise
RB, p 74 Scan the job ad and identify:
1 address to which applications should be sent
2 language requirements
3 deadline for applying
4 info on salary and benefits offered
5 is a PH.D. required
Why is this job ad here?
One specific reason. Can you identify it?
... ability to draft well-structured notes within strict
deadlines.
Is this requirement surprising?
Why are notes taken?
• Information important for making business
decisions
• We are swamped with information
• Notes save time
When are notes taken?
What is note making?
• Preparing the notes for somebody else.
• Consider the purpose, priorities, show
clear structure.
Which of the three would you prefer
learning from?(1)
Extrasensory perception includes means of
perceiving without use of sense organs.
Here we speak about telepathy, that is,
sending messages, clairvoyance, which is
about forecasting the future, and
psychokinesis, which is about perceiving
events external to situation.
Which of the three would you prefer
learning from?(2)
EXTRASENSORY PERCEPTION
definition:
means of perceiving without use of
sense organs
3 kinds:
a) telepathy: sending messages
b) clairvoyance: forecasting the
future
c) psychokinesis:perceiving events
external to situation
Which of the three would you prefer
learning from?(3)
Example of a mind map (4)
Details
Details
Idea
Idea
Main Concept
Idea
Details
Idea
Details
Charting method (5)
Period
Important people
Events
Significance
1941-45 F.D.Roosevelt
WWII
USA involvement
...
...
...
...
TAKING NOTES WHILE READING (RB, 75-76)
Five-step procedure:
• SKIM to get the rough idea of the content (title,
introductory paragraph, pictures?)
• SCAN to spot the essential: underline the main points
(key words, topic sentences)
• GIVE HEADINGS (identify main idea of each pg)
• GROUP PARAGRAPHS (how many parts of the text?
headings, subheadings?)
• READ TO ESTABLISH LOGICAL RELATIONS
between parts of the text
↓
STRUCTURE!
(Logical relations are expressed by signalling devices)
RB, p 76
Example text – identifiying the structure
using signalling devices
Free trade is a policy in international markets in which
governments do not restrict imports or exports...
There are many arguments for allowing free trade
among nations. Firstly, it allows specialization and it
will lead to greater productivity. Secondly, it provides
greater choice, better quality and lower prices ...
However, arguments against free trade should also be
considered. There is the infant industry argument
which... For instance, a newly founded industry...
In conclusion, it is clear that free trade ...
Example structure:
Free trade (pg 1)
Arguments pro (pg 2) vs. Arguments con (pg 3)
1specialization
1 infant industry
2 + effects of
e.g. ...
competition
2 ...
3 ...
3 ...
Conclusion (pg 4)
HW (for tomorrow):
Complete task IV on pp 17 & 18
Do all tasks on p 19
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