Lesson: 594962299
Date: 08/10/2022 01:38:16
Exercise:
What Is An Economist
Link to the article: https://www.ottawa.edu/online-and-evening/blog/september-2021/what-is-an-economist
https://www.ottawa.edu/online-and-evening/blog/september-2021/what-is-an-economist
Activity 1
Matching
What Is An Economist
1. astute ...
2. social ...
3. rational ...
4. financial ...
5. foundational ...
6. broader critical ....
7. impact ...
8. the exact nature of the ...
A. ... institutions
B. .... thinking skills
C. ... behaviour
D. ... science
E. ... work setting
F. ... economists
G. ... of decisions on society
H. .... knowledge and principles
Activity 2
Matching
What Is An Economist
1. to forecast ...
2. to make ...
3. to allocate ...
4. to rely heavily ...
5. to achieve ...
6. to increase ...
7. to construct public ....
A. .... a choice
B. ... the best results
C. ... policy
D. ... collapse
E. ... resources
F. .... profits
G. ... on the expertise of economists
Activity 3
Matching
What Is An Economist
1. to provide ...
2. to hold a wide ...
3. to collect and analyze ...
4. to forecast ...
5. to provide solutions ...
6. to perform ...
7. to meet ...
A. ... data
B. ... range of responsibilities
C. ... benefit and cost analysis
D. ... to diverse economic issues
E. ... with real-world insight
F. ... the demand
G. ... marketing trends
Activity 4
Matching
What Is An Economist
1. the production and ...
2. consumer spending ...
3. business ...
4. the cause ...
5. corporate or ...
6. economic ...
7. career ...
A. ... preferences
B. ... government policies
C. ... findings
D. .... cycles
E. ... distribution of goods and services
F. ... trajectory
G. ... of business inflation
Activity 5
Matching
What Is An Economist
1. to enter ...
2. to advance ...
3. to have a passion ...
4. to offer a solid starting ...
5. to customize the economics ...
6. to offer a flexible, convenient ...
A. ... within the field by earning a master's degree
B. ... point for advancement in a business or government position
C. ... for solving business problems
D. ... the field of business
E. ... superior learning experience
F. ... degree to their preferences and skills
Activity 6
Matching
What Is An Economist
1. unemployment ...
2. supply and ...
3. on the other ...
4. labor laws ...
5. on a much broader ...
6. local ...
A. ... scale
B. ... and policies
C. ... rates
D. ... demand
E. ... government
F. ... hand
Activity 7
Matching
What Is An Economist
1. a data ...
2. financial ...
3. the average ...
4. a complex tax and ...
5. a job growth ...
6. a spirit ...
7. a long- lasting
8. conveniently ...
9. an enrollment ...
A. ... wage
B. ... operations
C. ... for innovation
D. ... rate of 14%
E. ... analyst
F. ... advisor
G. ... located in
H. ... regulatory environment
I. ... and fulfilling career
Vocabulary
* astute - mentally sharp or clever; shrewd, a formal and flattering adjective for someone with a good head on their shoulders
E.g. He made a series of astute business decisions.
*an insight - a clear, deep, and sometimes sudden understanding of a complicated problem or situation
e.g. It was an interesting book, full of fascinating insights into human relationship.
e.g. I hope you have gained some insight into the difficulties we face.
* a variable - a factor that change in quality, quantity, or size, which you have to take into account in a situation.
e.g. There are too many variables involved to make any meaningful predictions.
* a housing bubble - a real estate bubble, is a period of unusual growth in demand for housing, accompanied by an above- average rise in home prices. As demand outpaces supply, speculators can inject money into the housing market, driving prices up further. Once supply catches up to demand, the bubble can pop and cause a sharp decline in home prices and home sales. (www.thebalancemoney.com)
See more information on a housing bubble at investopedia.com