《国际经济英语通》

Untit 11

TextWhat Is Economics About？1

Supplementary Reading Introduction：Micro-Versus Macro-Economics8

Unit 215

TextThe Nature of Economic Variables15

Supplementary Reading Is Economics an Exact Science？28

Unit 332

TestClassical Economics32

Supplementary Reading Productivity42

Unit 448

TextNeoclassical Economics48

Supplementmry Reading Production and the Demand for Labour60

Unit 568

TextModern Economics68

Supplementary Reading Production of Commodities by Means of Commodities81

Unit 6103

TextThe Current Problem of world Debt in Less Developed Countries92

Supplementary Reading Debt Capacity103

Unit 7110

TextTaxation of Personal Income110

Supplementary Reading Income Taxation124

Unit 8131

TextPrice Discrimination131

Supplementary Reading Money and Prices140

Unit 9145

TextInflation145

Supplementary Reading Controlling Inflation153

Unit 10162

TextA Closer Look at Unemployment162

Supplementary Reading Unemployment and Inflation172

Unit 11179

TextBusiness and Economic Profit179

Supplementary Reading The Politics of Inflation195

Unit 12200

TextMarket200

Supplementary Reading Supply and Demand：Marker Equilibrium210

Unit13215

TextThe Nature and significance of Market Processes215

Supplementary Reading Macroeconomic Measures to Stop Stagflation226

Unit 14232

TextDemand in a Money Exchange Economy232

Supplementary Reading Role of Demand242

Unit 15251

TextAuction Markets251

Supplementary Reading Supply260

Unit 16265

TextFinancial Power in Three Economics265

Supplementary Reading One Monetarist Microeconomic Model275

Unit 17280

TextFinancial Intermediation280

Supplementary Reading The Foreign Investment Decision294

Unit 18300

TextThe Federal Reserve System：The Structure of U．S．Central Banking300

Supplementary Reading Convertible Bonds and Convertible Preferred Stock313

Unit 19322

Text Salient Trends in Transnational Banking and International Financial Markets322

Supplementary Reading Central Bank Operations340

Unit 20349

TextThe Global Network of Transnational Banks349

Supplementary Reading The Nature of the Exchange Risk365

Unit 21375

TextNon-bank Financial Entities375

Supplementary Reading The historical Pattern of Foreign Direct Investment388

Unit 22401

TextThe Importance of Transnational Corporations in the International Trade of Home Countries401

Supplementary Reading The Multinational Corporation and the Issue of Management418

Unit 23429

TextThe Money Market and the Capital Market429

Supplementary Reading The Money Market439

Unit 24444

TextThe Stock MarKet and the Real Economy444

Supplementary Reading The U．S．Government Securities Market454

Unit 25469

TextInternational Trade469

Supplementary Reading Factor Mobility Impediments and Trade477

Unit 26483

TextThe Underlying Assumptions of the Product Life Cycle Trade Model483

Supplementary Reading Four Concepts of Protection492

Unit 27499

TextThe Management of International Economic Relations Since World WarⅠ499

Supplementary Reading Is Managing a Science or an Art？512

Unit 28520

TextForms of Business Organization520

Supplementary Reading Theories of Regulation and Regulatory Policy531

Appendix535

Key to the Exercises535