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XXI. Work in pairs. Student A asks questions, student B answers them

The functions of money | XX. Answer the following questions. Give the examples to describe your opinion | REGULATION AND TOKEN MONEY | C) Think of the possible title to the text, discuss it with your mate and choose the most relevant one. Share your idea with other pairs in class | XXIV. Discuss in groups advantages and drawbacks of different forms of money. | THE COMMERCIAL BANKS | X. Answer the questions about the text | FINANCING OF INTERNATIONAL TRADE | II. Read and translate the following groups of words | TYPES OF INFLATION |


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  1. Choose some word from vocabulary and give the definitions to the words. Let the other students guess.
  2. Make up the questions to the paragraphs and ask your fellow-students.
  3. STUDENT APPLICATION CARD
  4. XI. Work in pairs. Choose any country with command or mixed type of economy and define some of its features giving examples.
  5. XVII. Work in pairs. Read the information given bellow and think of and discuss the examples of the Giffen and the Veblen effects
  6. XVII. Work in pairs. Read the information given below and think of and discuss the examples of the Giffen and the Veblen effects

1. How can inflation be defined?

2. What is hyperinflation?

3. What happens under conditions of hyperinflation?

4. What is the only possible course of action when money becomes unacceptable as a medium of exchange?

5. What is suppressed inflation?

6. How can you characterize creeping inflation?

7. How are the causes of inflation usually classified?

8. How may demand inflation be defined?

9. What is demand inflation usually associated with?

10. When may a situation of excess demand arise?

 

XXII. Imagine you are a lecturer delivering lecture on inflation. Prepare not long and clear report on the topic for the first year students of school of economics Tip:

Tip:

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XX. Fill in the blanks using the necessary forms of the verbs given in brackets| THE EFFECTS OF INFLATION
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