Ex.1. Make a conversation with your friend, using the following statements. Work in pairs. Change your roles

1. More than two-thirds of population is employed in agriculture.
2. Great Britain imports raw materials from other countries.
3. Before men invented money they used to trade by exchanging goods.
4. Automation helps to do away with unemployment in the USA.

Ex.2. Give explanations in English.

to exchange goods and services, to display one’s produce, townspeople, enables buyers, to negotiate prices, newspaper ad, property.

Ex.3. Express agreement or disagreement.

1. A market was a place where buyers and sellers actually met to display their goods and services.
2. Farmers came to town and set up stalls to demonstrate their skills and their produce.
3. Some communities in the United States still have ”farmers” markets which operate in much the same way today.
4. We buy and sell goods, and services through letters, newspapers, telephone, TV, and computer networks as well as personal relationships and face-to-face discussions.
5. Now a market is considered to be any system or arrangement that enables buyers and sellers to increase prices and exchange goods and services.
6. Consumers then order the produce from the grocery store.

Ex.4. Say something about yourself and the way you are going to study economics.

What branch of economy you have a special liking for.