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Key LMS Eco2

The document contains a series of activities and lectures focused on macroeconomics, welfare economics, and demographic trends, primarily aimed at students of Business English. It covers topics such as aggregate demand, government revenue, health care systems, and population dynamics in various regions. Each unit includes questions and activities designed to reinforce understanding of these economic concepts.

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0% found this document useful (0 votes)
222 views9 pages

Key LMS Eco2

The document contains a series of activities and lectures focused on macroeconomics, welfare economics, and demographic trends, primarily aimed at students of Business English. It covers topics such as aggregate demand, government revenue, health care systems, and population dynamics in various regions. Each unit includes questions and activities designed to reinforce understanding of these economic concepts.

Uploaded by

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Key Lms ECO2 - okiu

Business English (Trường Đại học Kinh tế Thành phố Hồ Chí Minh)

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Unit 1
Activity1
1. The lecture is about: macroeconomics
2. Aggregate demand refers to: the total demand for goods and services in the
economy
3. The speaker mentions that one of the factors influencing aggregate demand is:
investment
4. The next lecture will focus on: aggregate supply
Activity 2
1. Governments raise money by taxes and investment in public goods. Đúng
2. Developing countries rely less on income taxation and more on consumer taxes.
Đúng
3. Privatization has led to a decrease in public sector spending.Sai
4. Government spending has no impact on aggregate demand.Sai
5. The text discusses the challenges faced by governments in raising revenue.Sai
Activity 3
1. relationships 5. demand
2. downwards 6. macroeconomic
3. increases 7. trade
4. rise 8. left
Activity 4
1. investment 6. influence 11. competitive
2. entrepreneurs 7. determine 12. curve
3. economy 8. disposable 13. mortgages
4. result 9. afford 14. vary
5. accelerator 10. borrowing 15. governments
Unit 2
Activity 1:

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Activity 2

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Activity 3
growing, seurity, second, expansion, incomes, starvation, producers, transport, transformed,
predict
Unit 3
Activity 1
1. What is the main focus of the lecture? An overview of welfare economics and health
care.
2. What does welfare economics consider in addition to supply and demand? Equity
and efficiency.
3. How does the lecture suggest health care should be viewed? As dealing with both
treatment and prevention.
4. According to the text, what is included in the concept of health? Both physical health
and mental well-being.
5. Why do governments need revenue from taxes according to the lecture? To equitably
distribute resources for health care.
Activity 2
1. Relative utility is a concept that only economists use to analyze personal well-being.
Sai
2. Relative utility involves comparing the happiness or satisfaction of different people or
groups. Đúng
3. Social norms are established by comparing how different jobs and their
corresponding salaries are valued in society. Đúng
4. A doctor's job is valued more than a cleaner's job because the doctor has less stress
and responsibility. Sai
5. Governments use mechanisms like salary determination and taxation to maintain
relative norms in society. Đúng
6. In most advanced economies, the government funds health care through revenue
from taxes and special health insurance contributions. Đúng
7. Developing countries often have a more sustainable health care system than
advanced economies. Sai

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8. The lecture focuses on health care in developing countries to illustrate the concept of
equity in welfare economics. Sai
Activity 3
1. fairness 7. communist
2. education 8. priorities
3. health care 9. fairness
4. efficiency 10. supply
5. horizontal 11. incentives
6. discrimination 12. goods
Activity 4
1. vertical 7. judgment
2. identify 8. regulate
3. equitable 9. 1909
4. utility 10. influential
5. satisfaction 11. allocation
6. economies 12. limitations

Unit 4
Activity 1

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Activity 2

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Activity 3
1. monopoly 6. investment
2. Mega-events 7. externalities
3. demand 8. Entrepreneurs
4. complementary 9. Sponsorship
5. profitable 10. environmental
Unit 5
Activity 1

Activity 2
1. What is a key reason for high population growth in many African countries? High
infant mortality
2. Which of the following countries is mentioned as having rapid population growth in
Asia? Banglades
3. What demographic trend is occurring in many Eastern European countries?
Population decline
4. Why is an ageing population considered a problem for advanced economies? It leads
to fewer people in the labour market
5. What is the current life expectancy in countries like Japan, Australia, and
Switzerland? Over 80 years
6. Which countries have approximately 25% of their population over the age of 60?
Japan, Italy, Germany, Sweden, Greece
7. What is the main economic concern for countries with a low average age in their
population? Limited employment prospects
8. What is a common characteristic of the top ten countries in Africa regarding
population age? More than 40% of the population is under 14 years old
9. What is Phil Mullan's perspective on the ageing population issue? It is not the
dramatic 'time-bomb' it is often portrayed as
10. According to Phil Mullan, how should the ageing population be viewed? As an
economic benefit

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Activity 3

1. Western European countries have imposed limits on immigrants from within the EU.
FALSE
2. The USA has historically been the number one destination for migrants. TRUE
3. Economic migration refers to people leaving their homes to seek better opportunities
elsewhere. TRUE
4. The IOM (International Organization for Migration) states that there are 214 million
international migrants worldwide. TRUE
5. The IOM reports that there are more than 27 million people displaced within their own
countries. TRUE
6. Most British people fully support immigration due to its positive economic impact.
FALSE
7. Between 2004 and 2009, around 1 million people from A8 Eastern European
countries migrated to the UK. TRUE
8. In 2009, more A8 migrants arrived in the UK than departed. FALSE

Activity 4

1. pattern 7. classified
2. agricultural 8. 23%
3. manufacturing 9. priorities
4. 2009 10. Thailand
5. assist 11. sustainable
6. population 12. statistic

Unit 6
Ativity 1

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Activity 2

Activity 3

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