class of Sept 28, 2015

1b)
verb
adjective
noun (agent)
noun (action)
purchase
purchaser
purchase / purchasing
consume
consumer
consumption
distribute
distributive
distributional
distributor
distribution
exploit
exploitative
exploitive (AE)
exploiter
exploitation
invest
investor
investment
represent
representative
rep
representative
representation
sell
seller
salesperson
salesman
saleswoman
sale
trade
trader
trade
1c)
1b) MW;
A stockbroker’s job is to buy and sell shares (stakes in the ownership of an enterprise) on the stockmarket. He or she trades these shares on behalf of shareholders. The rise and fall of share prices depents mainly on the profitability of the company concerned. A skilful stockbroker will follow economic trends and anticipate booms and slumps. Shares also react to changes in the exchange rate of world currencies and a stockbroker should be able to take advantage of currency exchange rates to make money for his or her client.
2a) PS;
A sales rep is responsible for selling a company’s merchandise to retailers and distributors. His or her aim is to secure contracts for his or her company’s goods. A rep will try to receive as many orders for the goods and services as possible. This creates profits for the firm and secures him or her a good reputation. He or she usually travels a lot, advising customers on new products and distributing samples.
3c) AK;
The customer purchases or buys something at a retail outlet such as a shop. One speaks of the customer as a consumer, as he or she consumes the product or service offered by a business. As a target group, customers are generally influenced by advertising, which encourages them to spend money on the product being advertised. Where there is no direct need for a product, advertising will often try to create a demand for it. New products and services are constantly being put on the market.
Lisa & Georg, if you want to join us on this task: Page 92, 1c: Please write a short text (as seen above). Lisa: picture 4, box E; Georg: picture 5, box D. You can send it to me by e-Mail or hand it in next time, if you want to. (Brownie points awaiting) 😉
p. 96 / 1a) Willy accuses Howard of having profited from his work for the company and of being unsupportive now that he is old, while Howard refuses to allow considerations of charity and friendship to get in the way of business success.
HOMEWORK: p. 84 / 3 (MINDMUP), p. 93 / 2, 3, read p. 245 (WORKING WITH CARTOONS), learn the vocab, p. 96 / 1b-d, 2, prep. 3!
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class of Sep 21, 2015

HOMEWORK:
Please work on 1984 and the handout – I’ll get back to you on that in October!
Further homework: p. 84 / 3 & p. 91 “Watch your language”
p. 88 / ex 3
Key sentences:
§1: Economists are… enthusiastic environmentalists.
§2: upper-middle class Americans are sentimental about protecting the environment as long as it does not impinge on their lifestyle; standard economic theory predisposes… to favor strong environmental protection.
§3: everyone knows that economists… believe that whatever free markets do must be right.
§5: pollution taxes will reduce GDP ; people will not work as hard as they would have without the tax.
§6: taxes on pollution could be used to reduce other taxes
§7: on balance consensus is that pollution tax would be more likely to reduce GDP
§8: getting the price of the environment right means a rise in … nonmarket goods like clean air and leisure time.
§9: can 2,500 economists be wrong?
Summary…. please finish the summary at home.

Some Info

Dear students,

Fall is coming closer, so is the start of our classes. I hope you enjoyed your summer and you’re fit to go on!

This is just to show you some important scientists that immigrated to the US. You might remember some of them.
If you’re interested in knowing more on the topic, let me know.

See you again soon!