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PART 1
ECONOMICS AS A SCIENCE
Unit 1
What Is Economics
1 Complete the definition.
Economy is Economics is An economist is
a) a person who…………………………..…………
b) a science which…………………………………..
c) a system of……………………….………………
2 Read these words paying attention to the stress and translate them.
e′conomy
¸eco′nomical
e′conomist
¸eco′nomics
¸eco′nomically
¸eco′nomic
to e′conomize
3 Choose the correct word.
1. I am a student of (economy, economics) now.
2. At school I didn’t study the (economy, economics) of Great Britain.
3. I hope he’ll make a good (economist, economy).
4. There are many (economic, economical) problems in the world.
5. This car is very (economic, economical).
6. I try to spend money and time (economical, economically).
7. This car (economize, economizes) fuel.
4 Guess the meanings of these words. Which of them can be
used as special economic terms?
Principle, luxury, discipline, activity, service, human, to practice, stable, pro-
duction, distribution, dynamics.
