10.to call for--International trade theories and WTO spirit call for multilateral-trade balance rather than bilateral trade balance. 11.given--Given the two countries'existing economic and trade structure,the United States would continue to have big trade deficit with China. 12.to be attributable to --The US trade deficit may be attributable to structural imbalances and fiscal deficits in the United States rather than the RMB exchange rate III.Ask students to use the following active vocabularies to form sentences as what they have heard from listening(Dictate then remember). 1.to edge--When China finally allowed its currency to edge higher against the dollar last week,many U.S.manufacturers and policymakers countered that the increase was too small to dent the soaring U.S.trade deficit with China. 2.to scrap--With protectionist sentiment mounting on Capitol Hill in recent months,Beijing scrapped a decade-old policy of pegging the renminbi,or yuan, to the dollar. 3.to slap--Why not retaliate by slapping duties on Chinese imports,as Congress has threatened to do? 4.to fuel--China's economic boom is fueled by the huge U.S.appetite for low-cost Chinese appliances,furniture,textiles --and components for the auto and other U.S.industries. 5.leverage--Washington has a lot of leverage over Beijing. 6.access to--China needs access to the U.S.market to create jobs and preserve stability--the No.1 priority in China. 6
10. to call for -- International trade theories and WTO spirit call for multilateral-trade balance rather than bilateral trade balance. 11. given -- Given the two countries' existing economic and trade structure, the United States would continue to have big trade deficit with China. 12. to be attributable to -- The US trade deficit may be attributable to structural imbalances and fiscal deficits in the United States rather than the RMB exchange rate. III.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1. to edge -- When China finally allowed its currency to edge higher against the dollar last week, many U.S. manufacturers and policymakers countered that the increase was too small to dent the soaring U.S. trade deficit with China. 2. to scrap -- With protectionist sentiment mounting on Capitol Hill in recent months, Beijing scrapped a decade-old policy of pegging the renminbi, or yuan, to the dollar. 3. to slap -- Why not retaliate by slapping duties on Chinese imports, as Congress has threatened to do? 4. to fuel -- China's economic boom is fueled by the huge U.S. appetite for low-cost Chinese appliances, furniture, textiles -- and components for the auto and other U.S. industries. 5. leverage -- Washington has a lot of leverage over Beijing. 6. access to -- China needs access to the U.S. market to create jobs and preserve stability -- the No. 1 priority in China. 6
第三课解读经济 【教学目的和要求】 Teaching Objectives 1.Students will learn word and expressions related to various economic indication. 2.Students will be able to use economic indicators to talk about economic situations. 【教学时间】 Time allocation This unit will need 2 class hours,1 hour for listening and studying the content of the text and the rest for discussion and practice. 【主要内容】 Background Reading Greenspan's Record:An Activist Unafraid to Depart from the Rules Loose-leaf selective listening Part A Business News Exercise 1,2 Part B How to Be Exuberant and Rational Exercise 1,2 Part C Traffic Lights on the Blink Exercise 1,2 Acting out Exercise 1,2 【重点和难点】 I.Ask students to use the following active vocabularies to form sentences as what they have heard from listening(Dictate then remember). 1.dilemma--Could the Bank of England face a similar policy dilemma to that of the European Central Bank. 2.stick--Confronted by sticky consumer price inflation,the ECB has felt unable to cut interest rate for more than two years. 3.threshold--While welcoming the amendment in principle,many members of the Standing Committee of the 10th National People's Congress,China's top legislature called for the threshold to be raised even higher to benefit more low earners. 4.levy--A proposed amendment raising the threshold at which personal income is levied has met with a mixed response from national legislators in China. 5.water down--A group of small EU countries are seeking to water down some of the key proposals in G8 debt relief deal agreed last week by G8 leaders at Gleneangles,leaked documents have revealed. 6.spike--Crude oil prices hit a record 68 dollars a barrel after the US reported a
第三课 解读经济 【教学目的和要求】 Teaching Objectives 1. Students will learn word and expressions related to various economic indication. 2. Students will be able to use economic indicators to talk about economic situations. 【教学时间】 Time allocation This unit will need 2 class hours, 1 hour for listening and studying the content of the text and the rest for discussion and practice. 【主要内容】 Background Reading Greenspan’s Record: An Activist Unafraid to Depart from the Rules Loose-leaf selective listening Part A Business News Exercise 1, 2 Part B How to Be Exuberant and Rational Exercise 1, 2 Part C Traffic Lights on the Blink Exercise 1, 2 Acting out Exercise 1, 2 【重点和难点】 I.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1. dilemma-- Could the Bank of England face a similar policy dilemma to that of the European Central Bank. 2. stick-- Confronted by sticky consumer price inflation, the ECB has felt unable to cut interest rate for more than two years. 3. threshold-- While welcoming the amendment in principle, many members of the Standing Committee of the 10th National People's Congress, China's top legislature called for the threshold to be raised even higher to benefit more low earners. 4. levy-- A proposed amendment raising the threshold at which personal income is levied has met with a mixed response from national legislators in China. 5. water down-- A group of small EU countries are seeking to water down some of the key proposals in G8 debt relief deal agreed last week by G8 leaders at Gleneangles, leaked documents have revealed. 6. spike-- Crude oil prices hit a record 68 dollars a barrel after the US reported a 7
decline in petrol stocks and China said its crude imports spiked in July,as strong demand on the mainland shows no signs of easing. 7.hit--On an inflation-adjusted basis,oil prices would need to hit about 90 dollars a barrel to match the highs of 25 years ago. II.Ask students to use the following active vocabularies to form sentences as what they have heard from listening(Dictate then remember). 1.to edge--When China finally allowed its currency to edge higher against the dollar last week,many U.S.manufacturers and policymakers countered that the increase was too small to dent the soaring U.S.trade deficit with China. 2.to scrap--With protectionist sentiment mounting on Capitol Hill in recent months, Beijing scrapped a decade-old policy of pegging the renminbi,or yuan,to the dollar. 3.to slap--Why not retaliate by slapping duties on Chinese imports,as Congress has threatened to do? 4.to fuel--China's economic boom is fueled by the huge U.S.appetite for low-cost Chinese appliances,furniture,textiles--and components for the auto and other U.S.industries. 5.leverage--Washington has a lot of leverage over Beijing. 6.access to--China needs access to the U.S.market to create jobs and preserve stability--the No.1 priority in China. II.Ask students to use the following active vocabularies to form sentences as what they have heard from listening(Dictate then remember). 1.irrational exuberance --In December 1996,when Alan Greenspan made his famous comment on the possibility of "irrational exuberance"in stock prices,the Dow Jones industrial average stood at 6,400. 2.burst a bubble--The Fed should not try to burst a bubble by raising interest rate when the outlook does not demand it. 3.unsustainable surge--Mr.Greenspan's view is based partly on the difficulty,for central bankers,of spotting the difference between an unsustainable surge in prices based on speculation and a sustainable one based on fundamentals. 4.core mandate--If a market shift threatens the core mandate,its job is to deal with the consequences. 5."mopping up"strategy--Alan Blinder,the Princeton professor who is giving a paper on the Greenspan era at this week's Jackson Hole symposium,calls this the Fed3“nopping up”strategy. 6.substantial economic contraction--It is far from obvious that bubbles,even if identified early,can be pre-empted at lower cost than a substantial economic contraction and possible financial destabilization-the very outcomes we are seeking to avoid. 7.froth--Part of the next Fed chairman's inheritance will be a housing market that Mr.Greenspan has said is showing signs of"froth"in a number of cities. 8.sanguine--Henry Kaufman,the Wall Street economist,believes the FOMC is too sanguine
decline in petrol stocks and China said its crude imports spiked in July, as strong demand on the mainland shows no signs of easing. 7. hit-- On an inflation-adjusted basis, oil prices would need to hit about 90 dollars a barrel to match the highs of 25 years ago. II.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1.to edge -- When China finally allowed its currency to edge higher against the dollar last week, many U.S. manufacturers and policymakers countered that the increase was too small to dent the soaring U.S. trade deficit with China. 2.to scrap -- With protectionist sentiment mounting on Capitol Hill in recent months, Beijing scrapped a decade-old policy of pegging the renminbi, or yuan, to the dollar. 3.to slap -- Why not retaliate by slapping duties on Chinese imports, as Congress has threatened to do? 4.to fuel -- China's economic boom is fueled by the huge U.S. appetite for low-cost Chinese appliances, furniture, textiles -- and components for the auto and other U.S. industries. 5.leverage -- Washington has a lot of leverage over Beijing. 6.access to -- China needs access to the U.S. market to create jobs and preserve stability -- the No. 1 priority in China. II.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1. irrational exuberance -- In December 1996, when Alan Greenspan made his famous comment on the possibility of “irrational exuberance” in stock prices, the Dow Jones industrial average stood at 6,400. 2. burst a bubble -- The Fed should not try to burst a bubble by raising interest rate when the outlook does not demand it. 3. unsustainable surge -- Mr. Greenspan’s view is based partly on the difficulty, for central bankers, of spotting the difference between an unsustainable surge in prices based on speculation and a sustainable one based on fundamentals. 4. core mandate -- If a market shift threatens the core mandate, its job is to deal with the consequences. 5. “mopping up” strategy -- Alan Blinder, the Princeton professor who is giving a paper on the Greenspan era at this week’s Jackson Hole symposium, calls this the Fed’s “mopping up” strategy. 6. substantial economic contraction -- It is far from obvious that bubbles, even if identified early, can be pre-empted at lower cost than a substantial economic contraction and possible financial destabilization – the very outcomes we are seeking to avoid. 7. froth -- Part of the next Fed chairman’s inheritance will be a housing market that Mr. Greenspan has said is showing signs of “froth” in a number of cities. 8. sanguine -- Henry Kaufman, the Wall Street economist, believes the FOMC is too sanguine. 8
9.consumption binge--The Fed's assurances that it will raise rates at a"measured" pace have contributed to a household debt-financed consumption binge and to speculative activity by investors. III.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1.record surpluses--America's current-account deficit is forecast to widen to over $800 billion this year,while Germany,Japan and China look set to run record surpluses. 2.underlying structural factors--Many economists try to explain these trends in terms of underlying structural factors,such as differences in demographic trends or productivity growth. 3.demographic trends--Many economists try to explain these trends in terms of underlying structural factors,such as differences in demographic trends or productivity growth. 4.dearer--Dearer money then helps to dampen domestic spending and thus trim the external deficit. 5.dampen--Dearer money then helps to dampen domestic spending and thus trim the external deficit. 6.trim--Dearer money then helps to dampen domestic spending and thus trim the external deficit. 7.cooling--Real bond yields rose,cooling domestic demand. 8.jam--This time,however,the adjustment mechanism has jammed. 9.equilibrating force--Patrick Artus,chief economist at IXIS,a French investment bank,points to the disappearance of another equilibrating force that would normally help to correct financial imbalances. 10.curb--In the past,a rapid rise in consumer borrowing and spending would cause a central bank to push up interest rates to curb inflation. 11.anchor--Inflationary expectations are well anchored thanks to the credibility of central banks. 12.service--As a result,central banks have been able to hold interest rates below the growth in nominal GDP(the income from which debts must be serviced)for a prolonged period. 13.broken circuit--A third broken circuit is that between interest rates and growth 14.sluggish--Sluggish economies with low inflation require lower real interest rates than economic sprinters 15.sprinters--Sluggish economies with low inflation require lower real interest rates than economic sprinters. 16.arguably --Yields are arguably too low for America,but too high for Germany and Japan,causing the growth gap to persist. 9
9. consumption binge -- The Fed’s assurances that it will raise rates at a “measured” pace have contributed to a household debt-financed consumption binge and to speculative activity by investors. III.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1. record surpluses -- America's current-account deficit is forecast to widen to over $800 billion this year, while Germany, Japan and China look set to run record surpluses. 2. underlying structural factors -- Many economists try to explain these trends in terms of underlying structural factors, such as differences in demographic trends or productivity growth. 3. demographic trends -- Many economists try to explain these trends in terms of underlying structural factors, such as differences in demographic trends or productivity growth. 4. dearer -- Dearer money then helps to dampen domestic spending and thus trim the external deficit. 5. dampen -- Dearer money then helps to dampen domestic spending and thus trim the external deficit. 6. trim -- Dearer money then helps to dampen domestic spending and thus trim the external deficit. 7. cooling -- Real bond yields rose, cooling domestic demand. 8. jam -- This time, however, the adjustment mechanism has jammed. 9. equilibrating force -- Patrick Artus, chief economist at IXIS, a French investment bank, points to the disappearance of another equilibrating force that would normally help to correct financial imbalances. 10. curb -- In the past, a rapid rise in consumer borrowing and spending would cause a central bank to push up interest rates to curb inflation. 11. anchor -- Inflationary expectations are well anchored thanks to the credibility of central banks. 12. service -- As a result, central banks have been able to hold interest rates below the growth in nominal GDP (the income from which debts must be serviced) for a prolonged period. 13. broken circuit -- A third broken circuit is that between interest rates and growth 14. sluggish -- Sluggish economies with low inflation require lower real interest rates than economic sprinters 15. sprinters -- Sluggish economies with low inflation require lower real interest rates than economic sprinters. 16. arguably -- Yields are arguably too low for America, but too high for Germany and Japan, causing the growth gap to persist. . 9
第四课消费者行为 【教学目的和要求】 Teaching Objectives: 1.Students should learn vocabulary and basic concepts related to marketing and consumer behavior. 2.Students will be able to talk about different consumer behavior and marketing practices 【教学时间】 Time allocation This unit will need 2 class hours,1 hour for listening and studying the content of the text and the rest for discussion and practice. 【主要内容】 Background Reading What is Consumer Behavior? Loose-leaf selective listening Part A Business News Exercise 1,2 Part B Diversified Americans Exercise 1,2 Part C Lifestyle Change-Fitness and Health Exercise 1,2 Acting out Exercise 1,2 【重点和难点】 I.Ask students to use the following active vocabularies to form sentences as what they have heard from listening(Dictate then remember). 1.to contract--He has contracted the habit of talking to himself. 2.acute--an acute disease,an acute hospital 3.There is a shortage of acute beds in the hospitals because of the unexpected outbreak of SARS. 4.to take sth.for granted--I take it for granted that we should build new roads 5.trivial--He sometimes puts the trivial above the important. 6.to mislead sb.Into...--Her friendly attitude misled us into thinking that we could trust her. II.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 10
第四课 消费者行为 【教学目的和要求】 Teaching Objectives: 1.Students should learn vocabulary and basic concepts related to marketing and consumer behavior. 2.Students will be able to talk about different consumer behavior and marketing practices. 【教学时间】 Time allocation This unit will need 2 class hours, 1 hour for listening and studying the content of the text and the rest for discussion and practice. 【主要内容】 Background Reading What is Consumer Behavior? Loose-leaf selective listening Part A Business News Exercise 1, 2 Part B Diversified Americans Exercise 1, 2 Part C Lifestyle Change – Fitness and Health Exercise 1, 2 Acting out Exercise 1, 2 【重点和难点】 I.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1.to contract--He has contracted the habit of talking to himself. 2.acute--an acute disease, an acute hospital 3.There is a shortage of acute beds in the hospitals because of the unexpected outbreak of SARS. 4.to take sth. for granted -- I take it for granted that we should build new roads. 5.trivial -- He sometimes puts the trivial above the important. 6.to mislead sb. Into...-- Her friendly attitude misled us into thinking that we could trust her. II.Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 10