1. Revision A selection of materials for self-study Think of similar tasks and test yourself!

2. Food for thought: Reading without reflecting is like eating without digesting. – Edmund Burke The limits of my language are the limits of my mind. All I know is what I have words for. - Wittgenstein

3. Private businesses in the UK http://www.bbc.co.uk/schools/gcsebitesize/ business/aims/limitedcompaniesrev_print. shtmlhttp://www.bbc.co.uk/schools/gcsebitesize/ business/aims/limitedcompaniesrev_print. shtml HW, RB: p 29 Read, look up new words and fill in

4. Arguments for and against privatization → Reader, p 28 Number the pairs of paragraphs Read the arguments for and against privatisation (side by side) Establish the main topic in each section

5. Two sides of the same coin 1disciplines of the market & efficiency 2diversification of business activities 3 control 4 trade union power 5 shareholders vs. stakeholders 6 revenue Discuss each pair (contrast, concession) Which argument do you think is more convincing?

6. PARAGRAPH WRITING Arguments for and against privatisation, RB p 28 Present arguments for and against privatisation, concluding with your opinion. Include 3 arguments for and 3 against. E.g. “Privatisation may change a society dramatically. Firstly,.... because... Furthermore,... Finally.... On the other hand,.... It is also true that... For example... Moreover,.... Nevertheless... To conclude... Think of similar tasks (discussing pros and cons or advantages and disadvantages of e.g. taxation, public limited company, planned economy... and how you would deal with them.)

7. Taxation vocabulary

8. Say it in English! 1 Preselit ću sjedište svoje tvrtke u neku poreznu oazu. 2 Plaćam prevelik porez na dohodak. 3 Iskoristit ću neku rupu u zakonu da smanjim porez na minimum. 4 Pranje novca predstavlja nezakonito izbjegavanje porezne obveze. 5 Nova vlada nametnut će nove poreze.

9. With a little help from... your teacher 1 Preselit ću sjedište svoje tvrtke u neku poreznu oazu. moveheadquarterstax________ 2 Plaćam prevelik porez na dohodak. too much__________ tax 3 Iskoristit ću neku rupu u zakonu da smanjim porez na minimum. exploitreduce 4 Pranje novca predstavlja nezakonito izbjegavanje porezne obveze. money launderingtax __________ 5 Nova vlada nametnut će nove poreze. levy

10. Use Croatian expressions to create word partnerships about taxation porezni razredporezni prag porezna olakšica utaja poreza oslobođenje od poreza povrat poreza dio prihoda koji je oslobođen od plaćanja poreza You can use the same word more than once: relief / break allowance tax exemption return evasionclass / band / bracketthreshold

11. MAKE MEANINGFUL SENTENCES – CONNECT THE WORDS Eg. DEAN / RUN: Deans run most institutions of higher education Ph.D. - EARN ECONOMICS - STUDY MARKET ECONOMY – ALLOCATE GOVERNMENT - INTERVENE PUBLIC GOODS - PROVIDE QUARRYING – BE NATIONALISATION – TRANSFER SOLE TRADER – SET UP PARTNERSHIP – SPECIALIZE ARTICLES OF ASSOCIATION – DRAW UP LIMITED LIABILITY – INVEST Take one topic at a time, think of further similar pairs (word partnerships) and practice using them in further meaningful sentences. Proceed to the next topic.

12. Topics and skills University essentials Economics vs. economy Types of economic systems The role of the state & taxation Public sector Private sector Privatization Note-taking/note-making Paragraph writing Presenting

13. Types of exercises you can expect (No surprises: exercises we have been doing since day 1) Read the definition/explanation and provide the right term Supply the missing word to make strong word partnerships Match words to create strong word partherships and use the expressions to write a paragraph about a (given) topic Find the odd one out & explain your answer Complete the text by filling in the missing words Read the text (supplied) and prepare well-structure notes Fill in the missing prepositions Compare X and Y (paragraph) Discuss advantages and disadvantages of X (paragraph) Translate (key terms) into or from Croatian