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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 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) Main Concept Idea Details

Charting method (5) PeriodImportant peopleEventsSignificance F.D.RooseveltWWIIUSA 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) 1specialization1 infant industry 2 + effects of e.g.... competition Conclusion (pg 4)

HW (for tomorrow): Complete task IV on pp 17 & 18 Do all tasks on p 19