学术英语 社科 Academic English for Social Sciences 2 Economist Just as you cannot become a mathematician, psychologist, or lawyer overnight, learning to think like an economist will take time. However, what is the economist’s way of thinking? What does it mean to think like an economist? By learning this unit, you will find the answers. Unit 2 Economics Unit Contents • • • • • • • Lead-in Text A Text B Text C Listening Speaking Writing Unit 2 Economics • Lead-in – Who studies economics? Unit 2 Economics Lead-in Just as you cannot become a mathematician overnight, study economics and learn to think like an economist will take time. However who studies economics? Task 1 Listen to a talk “Who studies economics?” and complete the sentences. Unit 2 Economics Lead-in abstract 1 Economics can seem __________ at first, but practical the field is fundamentally very _________. 2 Mick Jagger once studied at the London School of Economics _____________________________. 3 When asked in 2005 why The Rolling Stones were going on tour again, Mick Jagger replied, Supply and demand “________________________.” Unit 2 Economics Lead-in Task 2 Listen to the talk again and complete the following table. Name Ronald Regan Profession Former President of the United States Michael Kinsley Journalist Steve Ballmer Chief Executive Officer, Microsoft Mick Jagger Singer for the Rolling Stones Unit 2 Economics • Text A –Critical reading and thinking – Difficult sentences – English language for academic purpose • Specialized vocabulary • Collocations • Formal and informal English • Signpost language Unit 2 Economics Text A Critical reading and thinking of Text A Text Analysis Thesis: Economics is a science. The economist works as a scientist. Unit 2 Economics Text A Critical reading and thinking of Text A 1 Science and scientists have its own language, e.g. math, psychology, law. Economics and economists are the same, e.g. supply, demand, elasticity, consumer surplus. 2 Science and scientists use scientific method, e.g. observation, devise theories, collect data, analyze, test, shown with the example of Isaac Newton. Economics and economists are the same; they use observation and theory, e.g. a theory of inflation. Unit 2 Economics Text A Critical reading and thinking of Text A Natural sciences or Social sciences? Economics is a social science. Unit 2 Economics Text A Difficult sentences “The whole of science is nothing more than the refinement of everyday thinking.” (Para. 4) → “Science is all just about improving everyday thinking.” Unit 2 Economics Text A Difficult sentences Yet, despite this lack of realism – indeed, because of this lack of realism – studying these models is useful for learning how the human body works. (Para. 13) → Yet, although the models are not exactly the same as real bodies – actually just because they are not that realistic – they are useful to help people learn how the human body works. Unit 2 Economics Text A Difficult sentences These models are stylized, and they omit many details. (Para. 13) → These models are artificial rather than realistic, and they don’t take many details into consideration. Unit 2 Economics Text A Difficult sentences Yet, despite this lack of realism – indeed, because of this lack of realism – studying these models is useful for learning how the human body works. (Para. 13) → Yet, although the models are not exactly the same as real bodies – actually just because they are not that realistic – they are useful to help people learn how the human body works. Unit 2 Economics Text A English language for academic purpose Specialized vocabulary (需求等的)弹性 elasticity ___________ 比较优势 comparative advantage ___________ 消费过剩 consumer surplus _______________ deadweight loss _______________ 净损失 high inflation _______________ 高通胀 货币量 quantity of money _______________ long-run effects of the policy _______________ 长期政策效应 Text A Unit 2 Economics English language for academic purpose Specialized vocabulary economic policymaker 经济政策制定者 ___________________ amount of currency in circulation 货币流通量 ____________________________ supply and demand 供需 ____________________ 货币政策 monetary policy _______________ Unit 2 Text A Economics English language for academic purpose Collocations address the subject devise / verify / refute theories collect / analyze / generate data the interplay between observation and theory doubt the validity of the theory face an obstacle make do with find a substitute for simplify the complex world / reality in circulation omit details Unit 2 Economics Text A English language for academic purpose Signpost language cause and effect: clue words to indicate cause and effect: because the reason lead to, result from is due to therefore consequently as a result as a consequence Unit 2 Economics Text A English language for academic purpose Signpost language Signpost language to introduce the topic: The main issues addressed in this paper are … This study critically examines … The objective of this paper is to ... The purpose of this investigation is to ... The aim of this paper is to ... This paper reports on the results obtained … Unit 2 Economics Text A English language for academic purpose Signpost language Signpost language to introduce the topic: This study was designed to ... This paper argues that ... The rest of this paper is organized in the following way ... This paper is structured as follows ... The remainder of this paper is divided into five sections ... This paper begins by … It will then go on to … Finally, … Unit 2 Economics Text A English language for academic purpose Formal and informal English Change the following sentences into a more formal style of writing. 1 Whenever I'd visited there before, I'd ended up feeling that it would be futile if I tried to do anything more. → Every previous visit had left me with a sense of the futility of further action on my part. Unit 2 Economics Text A English language for academic purpose Formal and informal English Change the following sentences into a more formal style of writing. 2 The cities in Switzerland had once been peaceful, but they changed when people became violent. → Violence changed the face of once peaceful Swiss cities. Unit 2 Economics Text A English language for academic purpose Formal and informal English Change the following sentences into a more formal style of writing. 3 Because the technology has improved it’s less risky than it used to be when you install them at the same time, and it doesn't cost so much either. → Improvements in technology have reduced the risks and high costs associated with simultaneous installation. Unit 2 Economics Text A English language for academic purpose Formal and informal English Change the following sentences into a more formal style of writing. 4 The people in the colony rejoiced when it was promised that things would change in this way. → Opinion in the colony greeted the promised change with enthusiasm. Text A Unit 2 Economics Suggested answers Critical reading and thinking The tree diagram below shows how the author illustrates his points. Fill in the blanks according to the text.. Thinking like an economist The economist works as scientist a(n) _________ Using scientific methods, such as: make observations, devise theories, collect data, and analyze them. Using different assumptions _____________ to answer different questions. Building simplified models _________ to examine various economic issues. Text A Unit 2 Economics Suggested answers Critical reading and thinking Answer the following questions. 1 What kind of rhetoric device does the author use in the first two paragraphs? Analogy. 2 What is the topic sentence of Paragraph 3? Economists try to address their subject with a scientist’s objectivity. 3 Why does the author quote Albert Einstein? To support his idea about the essence of science. 4 Why is Newton’s theory still taught in undergraduate physics courses around the world? Because Newton’s theory is so successful at explaining observation. Unit 2 Suggested answers Text A Critical reading and thinking Economics Answer the following questions. 5 What kind of obstacles do economists face when they use theory and observation like other scientists? It is often difficult and impossible to conduct experiments. 6 How do economists find a substitute for laboratory experiments? They pay close attention to the natural experiments offered by history. 7 For what reason do economists make assumptions? Because assumptions can simplify the complex world and make it easier to understand. 8 What do economic models consist of? They consist of diagrams and equations. 9 What do all models in physics, biology, and economics share in common? They simplify reality to improve our understanding of it. Unit 2 Text A Economics Suggested answers Language building-up Task 1 Specialized vocabulary 2 Complete the following sentences with the correct form of the terms in the box. comparative advantage deadweight loss monetary policy consumer surplus high inflation supply and demand loss because they cause buyers 1 Taxes have deadweight _______________ to consume less and sellers to produce less. supply and demand of allow you to analyze 2 The tools ___________________ many of the most important events and policies that shape the economy. Consumer surplus is a good measure of 3 ____________________ economic well-being if policymakers want to respect the preferences of buyers. Unit 2 Text A Economics Suggested answers Language building-up Task 1 Specialized vocabulary 2 Complete the following sentences with the correct form of the terms in the box. comparative advantage deadweight loss monetary policy consumer surplus high inflation supply and demand 4 In the 1970s, when the world experienced a relatively _____________, high inflation opinion polls often placed inflation as the most important issue facing the nation. 5 It is the role of a central bank — an institution designed to oversee the banking system, to carry out monetary policy _________________, and regulate the quantity of money in the economy. Unit 2 Text A Economics Suggested answers Language building-up Task 1 Specialized vocabulary 2 Complete the following sentences with the correct form of the terms in the box. comparative advantage deadweight loss monetary policy consumer surplus high inflation supply and demand 6 Trade can benefit everyone in society because it allows people to specialize in activities in which they have a _____________________. comparative advantage Unit 2 Text A Economics Suggested answers Language building-up Task 1 Signpost language Complete the following sentences with the correct form of the words and expressions in the above box. There may be more than one correct answer. resulted from his experience in the Vietnam War. 1 Karlin’s novels ____________ resulted in the 2 Months of secret talks with the rebels finally __________ release of the hostages. 3 Animals have died _________________ as a consequence of coming into contact with this chemical. The reason we didn’t consider her for the job was that 4 _____________ she didn’t have enough experience. Unit 2 Text A Economics Suggested answers Language building-up Task 1 Signpost language Complete the following sentences with the correct form of the words and expressions in the above box. There may be more than one correct answer. 5 Most computer users have never received any formal keyboard Consequently their keyboard skills are inefficient. training. ______________ Therefore two 6 Jewish weddings are both religious and civil. __________ official applications for marriage are necessary. 7 ___________ The cause of last week’s blackouts was a large power plant suddenly going offline in Northern California. 8 Between 1990 and 1992, there were more than 1,000 led to job losses. mergers in that industry — all of which ________ Text A Unit 2 Economics Suggested answers Language building-up Task 3 Formal English Replace the underlined words in the following sentences with the ones that are more daily-life. 1 At first, this new language may seem needlessly arcane. Key: secret 2 Economists try to address their subject with a scientist’s objectivity. Key: study 3 They approach the study of the economy in much the same way as a physicist approaches the study of matter and a biologist approaches the study of life. Key: deal with 4 They devise theories, collect data, and then analyze these data in an attempt to verify or refute their theories. Key: invent Text A Unit 2 Economics Suggested answers Language building-up Task 3 Formal English Replace the underlined words in the following sentences with the ones that are more daily-life. 5 To beginners, it can seem odd to claim that economics is a science. Key: strange 6 Most people are not accustomed to looking at society through the eyes of a scientist. Key: used 7 This observation motivated Newton to develop a theory of gravity that applies not only to an apple falling to the earth but to any two objects in the universe. Key: drove Text A Unit 2 Economics Suggested answers Language building-up Task 3 Formal English Replace the underlined words in the following sentences with the ones that are more daily-life. 8 By contrast, economists studying inflation are not allowed to manipulate a nation’s monetary policy simply to generate useful data. Key: control 9 For consumers of oil and oil products, such an event depresses living standards. Key: reduces 10 And this opportunity persists long after the wartime increase in oil prices is over. Key: continues to exist Unit 2 Economics • Text B – – – – – Lead in Key terms Critical reading Difficult sentences English language for academic purpose Unit 2 Economics Text B Lead-in Reading critically: questions for discussion Discuss the following questions: Life is regarded as a game. Do you agree? Why or why not? Unit 2 Economics Text B Key terms Game theory : the modeling of economic decisions by games whose outcome depends on the decisions taken by two or more agents, each having to make decisions without information on what choices the others are making. Unit 2 Economics Text B Key terms Competitive strategies (竞争策略): unbeatable strategies used in the context of the fact that everyone else is also looking for them. E.g. cooperation, or everybody playing the same way; behave differently from one another Unit 2 Economics Text B Key terms Evolutionarily stable strategies (ESS) (进化稳定策略): a strategy which, if adopted by a population of players, cannot be invaded by any alternative strategy that is initially rare. An ESS is an equilibrium refinement of the Nash equilibrium. Unit 2 Economics Text B Key terms Rational human choice: people will adjust their behavior in order to maximize their gains. Nash equilibrium: 纳什均衡 a solution concept of a game involving two or more players, in which each player is assumed to know the equilibrium strategies of the other players, also no player has anything to gain by changing only his own strategy unilaterally. Unit 2 Economics Text B Critical reading and thinking Comparison between the two schools of researchers Animal behaviorists Evolutionarily stable strategies Economists Nash equilibrium Implication: the way the strategies are played has been hardwired into the participants by the processes of natural selection Implication: adjust their behavior to maximize their gains Unit 2 Economics Text B Critical reading and thinking Dr Kurzban & Dr. Houser’s study 1. They call the economists’ assumption into question. 2. Their new assumption: it may be fruitful to work with the idea that human behavior, can sometimes be governed by evolutionarily stable strategies. Unit 2 Economics Text B Critical reading and thinking Making an experiment: Public-goods game 公共物品博弈 a standard of experimental economics; in the basic game subjects secretly choose how many of their private tokens to put into the public pot. Each subject keeps the tokens they do not contribute plus an even split of the tokens in the pot. Methods (see page 35, Para 4): four players; interacted via a computer; virtual tokens redeemable for money Unit 2 Economics Text B Critical reading and thinking Making an experiment: Game rules (see page 35, Para 4): A player could keep some or all of the tokens and any not kept were put into a pool, to be shared among group members. The game continued for a random number of turns. At the end of the game (see page 35, Para 4): The value of the pool was doubled and was divided into four equal parts and given to the player, along with the value of any tokens they had held on to. Unit 2 Economics Text B Critical reading and thinking Making an experiment: Three approaches a player can take (see page 35, Para 5): 1.Cooperate with his opponents to maximize group benefits 2.Free-ride (i.e., try to sucker cooperators) 3.Reciprocate (i.e., cooperate with those who show signs of being cooperative, but not with free-riders) Unit 2 Economics Text B Critical reading and thinking Making an experiment: Results: (see page 35, Para 7): 1.Of 84 participants, 81 fell into one of the three categories. 2.Researchers ask these 81 participants to play games again to test whether they change strategy. And they did not. 3. People’s behaviors are clear-cut, strategies stay stable with the same average payoffs. Unit 2 Economics Text B Critical reading and thinking Making an experiment: Conclusions (see page 35, Para 8): 1.It suggests that people’s approaches to cooperate with their fellows are indeed evolutionarily stable. 2.Human behavior can sometimes be governed by evolutionarily stable strategies Unit 2 Economics Text B Critical reading and thinking Task 1 Work in pairs and discuss the following questions. 1 “Many people, it is said, regard life as a game.” Do you agree? Why or why not? 2 What are the differences between behaviorists and economists in terms of game theory? Use examples to illustrate them. 3 What are the findings of Dr. Kurzban and Dr. Houser’s study? How did they illustrate their point? Unit 2 Economics Text B Critical reading and thinking Classroom activity: Work in groups of 4 and play the public goods game a Dr. Kurzaban and Dr. Houser did. You may refer to Task 3 on Page 37. Unit 2 Economics Text B Difficult sentences Each player was given a number of virtual tokens, redeemable for money at the end of the game. (Para.4) → Each player was given some virtual tokens which were changed into real money at the end of the game. (Real money was given to motivate the participants to take the game seriously.) Unit 2 Economics Text B Difficult sentences Individual strategies are not expected to be equally represented in a population. Instead, they should appear in proportions that equalize their payoffs to those who play them. (Para. 6) → Generally speaking, individual strategies are not employed by the same number of people in a population. The proportions of the strategy tend to be equal to the extent of the payoffs brought by the strategies. Unit 2 Economics Text B Difficult sentences A strategy can be advantageous when rare and disadvantageous when common. (Para. 6) → A strategy can be advantageous even though few people adopt them and disadvantageous when it is a common strategy adopted by many people. Unit 2 Economics Text B Difficult sentences Of course, it is a long stretch from showing equal success in a laboratory game to showing it in the mating game that determines evolutionary outcomes. (Para. 8) → Naturally just showing equal success in a laboratory game is not the same as showing it the mating game that determines evolutionary outcomes. There is still a huge gap between them. Unit 2 Economics • Text C –Critical reading Unit 2 Text C Economics Visit the official website of the National Bureau of Statistics of China and find how the CPI of China is constructed. Complete the following table, listing the categories in the order of proportion. Categories of U.S. CPI 1 Housing 2 Transportation 3 Food and beverages 4 Medical care 5 Recreation 6 Education and communication 7 Apparel 8 Other goods and services Categories of Chinese CPI Food Tobacco, liquor and articles Clothing Household facilities, articles and services Health care and personal articles Transportation and communication Recreation, Education and Culture Articles Residence Unit 2 Economist • Listening – How to find major points – Listening tasks Unit 2 Listening Economist How to find major points Finding major points Here are some clues that might help you pick out important ideas: • The speaker often pauses before starting an important point; • The speaker often uses repetition to emphasize the point; Unit 2 Listening Economist How to find major points Finding major points The speaker may change the pitch, volume and rhythm of their voice for emphasis; • The speaker often uses introductory phrases to precede an important point. For instance, “It is essential for you to know …”, “Remember that …” • Some speakers use facial gestures or body movement when they are emphasizing a point. Unit 2 Economist Listening Listening tasks • Listen for a thesis statement at the end of the introduction. • Listen for rhetorical questions, or questions that the speaker asks, and then answers. Often the answer is the thesis. Unit 2 Economist Listening Listening tasks Task 1 Listen to a lecture about how to study economics well. Complete each of the following sentences with the correct answer. 1 According to the lecture, the professor is most B likely teaching the course of . A Macroeconomics B Principles of Economics C Microeconomics D Economic Behaviorism Unit 2 Economist Listening Listening tasks Task 1 Listen to a lecture about how to study economics well. Complete each of the following sentences with the correct answer. 2 The professor has introduced the A students to in the past weeks. A the ideas and methods of economics B the great economists C the important economic events D the principles of economic policies Unit 2 Economist Listening Listening tasks Task 1 Listen to a lecture about how to study economics well. Complete each of the following sentences with the correct answer. 3 According to John Maynard Keynes, economics is comparatively C A a difficult subject B a subject many people excel at C an easy subject D a neither-easy-nor-difficult subject . Unit 2 Economist Listening Listening tasks Task 1 Listen to a lecture about how to study economics well. Complete each of the following sentences with the correct answer. 4 The master-economist must possess a rare combination of the gifts of the following people D except . A a historian B a mathematician C a philosopher D a physicist Unit 2 Economist Listening Listening tasks Task 1 Listen to a lecture about how to study economics well. Complete each of the following sentences with the correct answer. A 5 The professor encourages students to ____ so that they will become more and more accustomed to thinking like an economist. A have more practice B do more homework C do more reading D take more courses Listening Unit 2 Economist Listening tasks Task 2 Listen to the lecture again and complete the following paragraph taken from the lecture. He must understand symbols and speak in words. He must contemplate the (1) particular in terms of the general, and touch abstract and (2) concrete in the same flight of thought. He must study the present (3) in the light of the past for the purposes of the future. No part of man’s nature or his institutions must lie entirely (4) outside his regard . He must be purposeful and disinterested in a simultaneous mood; as aloof and incorruptible as an artist, yet sometimes (5) as near the earth as a politician . Unit 2 Economist • Speaking – How to interrupt politely Unit 2 Economist Speaking How to interrupt politely In a seminar, being passive and quiet is not necessarily polite. People have to learn to take initiatives. However, an interruption at the wrong moment can be rude and it is not polite for two people to talk at the same time during a discussion. Here are some expressions you can use to interrupt politely and take your turn: If I could just come in here, … May I … Excuse me, but … Could I please just finish my point? As I was saying … Sorry to interrupt, but … I’d just like to say that ... What do you think about …? Unit 2 Economist Speaking How to interrupt politely Sometimes even making some “English” noise like “um ... um ... um ...” can serve the purpose well. There are also times when interrupting is perfectly acceptable, e.g. when you fail to hear or understand something the speaker has said; or when you want to add a quick comment. Unit 2 Economist • Writing – Writing an introduction – Writing tasks Unit 2 Writing Economist Writing an introduction A research paper typically consists of the following sections: the title, author, acknowledgements, abstract, introduction, literature review, research methods, results, discussion, conclusion and references. Unit 2 Writing Economist Writing an introduction In this unit, we will focus on the introduction, which aims to catch the readers’ attention and get them prepared for the subject. It sets the stage for the paper and puts your topic in perspective. In this part, you need to: 1 Clearly identify your research topic, i.e., what you are going to study or what your study is going to accomplish. 2 Establish the context of your research by summarizing the published literature on this topic. 3 Briefly explain your approach and rationale. 4 State the significance of your study. Writing Unit 2 Economist Writing tasks Task 1 Complete the following table about the main components of the introduction. Research topic explanation of promise-keeping Context of the research Previous psychological and economic studies do not distinguish commitment-based and expectation-based explanations for promise-keeping. Approach and rationale experiment study Significance of the study the first to report on an experiment designed explicitly to distinguish between and test the alternative explanations Unit 2 Get ready for Unit 3 Economist Do the following tasks: 1. Find out main points of Text A; 2. Define the key terms with examples; 3. Mark the specialized vocabulary and explain them; 4. Underline the collocations you think important.