Vocabulary and Listening – Business and economics

Task A
Task B
Task C
Task D

Task A

Select the business and economic terms that match the definitions below.

Task B

Choose one of the words in the drop box to complete each sentence below.

Task C

Make nouns from the verbs in the box below by using the suffixes – tion and –sion. Then complete the crossword with those nouns. Question number 1 has been done for you as an example.

Task D - Vocabulary Round Up

1. Complete the sentences with the common business and economic terms (in brackets) in the correct order.

2. Complete the sentences below with suitable words appeared in section A-C. Use the correct

i) admission
ii) extension
iii) clarification
iv) decision
v) elimination
vi) abstentions
vii) permission

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Task A
Task B
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Documentary – Freakonomics

This documentary is produced by the ABC News television series 20/20 on April 14, 2006.

It features interviews with the authors - University of Chicago economist Steven Levitt and New York Times journalist Stephen J. Dubner, of the 2005 non-fiction book Freakonomics: A Rogue Economist Explores the Hidden Side of Everything. The book has been described as melding pop culture with economics.

In the book, Levitt and Dubner argue that economics is, at root, the study of incentives. They talk about many relationships they discover which involve economics and social characteristics of our current civilization. The two economists also use interviews and statistical analysis to reveal their often surprising results.

Summarized from http://en.wikipedia.org/wiki/Freakonomics

Task A - Vocabulary

Read the following words and guess what they may possibly mean. Match them with their definitions.

Task B - Comprehension

Read the following questions once (this gives you an idea of what to pay attention to while watching). Then watch the clip and answer the questions by checking TRUE or FALSE.

Click here to watch the video