Slide bài giảng tiếng anh chuyên ngành kinh tế unit 1 market capitalism

Slide bài giảng tiếng anh chuyên ngành kinh tế unit 1 market capitalism

Unit 1

Market

Capitalism

Reading Comprehension

Q1 What are two major decision-making

units …

Households and business firms

Q2 How are the actions of business firms

and households coordinated?

through market exchange …

Q3 From whom does a business firm buy

resources and sell output?

Households

Reading Comprehension

Q4 What does the demand for resource

inputs depends on?

It depends on the demand for final products because firms produce to sell to consumers

Q5 What resources can firms buy from

households?

Labor, materials: wood, fruit…

Reading Comprehension

Q6 How can consumers get money to buy products

sold by firms?

Customers get money through the sale or loan

of their resources to firms.

Q7 What do both households and business firms do through market exchange?

They desire to maximize their economic well-being through market exchange Business

firms pursue profit maximization and

households try to maximize utility or

satisfaction

Reading Comprehension

Q8 What does it mean that “markets are competitive”?

It means that there are many buyers and sellers, products are

substitutable, buyers and sellers have

a lot of knowledge of the market and resources are able to move freely

between uses.

Reading Comprehension

Q9 What can firms do to keep their

products competitive?

• Offer competitive prices

•Constantly improve their products:

quality, package, design…

•Know customers’ tastes and do

market researches

1 in turn

2 well-being

3 decision -making

4 assumptions

5 coordinate

6 substitutable

7 interdependent

8 assume

9 purchase

10 derived

11 utility

12 transform

13 given

14 business firms

15 households

16 loan 17.pursue

•Relative pronouns: who, whom, which, that

•Relative possessive pronoun: whose

1 Doanh nghiệp và các hộ gia đình là hai yếu tố quan

trọng nhất của nền KT Thị trường TBCN mà hoạt động của chúng được điều phối qua trao đổi thị trường

2 Người tiêu dùng có thu nhập từ việc bán nguyên liệu cho cácdoanh nghiệp có thể không trực tiếp tham gia vào quá trình mua bán.

3 Trong nền KT thị trường TBCN, các doanh nghiệp và các hộ gia đình có quan hệ phụ thuộc lẫn nhau đều

muốn thu được lợi nhuận càng nhiều càng tốt.

4 Trong nền KTTT cạnh tranh như hiện nay không hàng hoá nào, không người bán và người mua nào là không thể thay thế.

5 Hàng hoá và dịch vụ có được là do nhu cầu của người tiêu dùng và được cung cấp bởi cácdoanh nghiệp

1 Business firms and households whose actions are

coordinated through market exchange are two most important units in the market capitalism.

2 Consumers whose income is derived from selling

resources to business firms may not take part directly

in buying products.

3 In market capitalism, both business firms and

households whose relationships are interdependent desire to obtain as much profit as possible.

4 In the competitive market capitalism nowadays no

goods, no sellers and no purchasers are not

substitutable.

5 Goods and services we use are derived from the

consumers’ needs and provided by business firms.