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Micro- andMicro- and

macroeconomicsmacroeconomics

Unit 3Unit 3

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Vocabulary 1Vocabulary 1 due to sth.=becausedue to sth.=because

ofof be customary to dobe customary to do

sth= usual, commonsth= usual, common divide sth. INT sth.divide sth. INT sth. im!lyim!ly be concernedbe concerned

"ith=deal "ith"ith=deal "ith

interrelationshi!interrelationshi!bet"eenbet"een behaviourbehaviour broad="idebroad="ide a##re#ate=collectiona##re#ate=collection

a$ect sth.=havea$ect sth.=have

in%uence N sth.in%uence N sth. concern sth.=beconcern sth.=be

relevant torelevant to commodity=#oodscommodity=#oods stu$ vs. sta$ stu$ vs. sta$  versusversus determinationdetermination overall=#eneraloverall=#eneral rate=s!eed, !acerate=s!eed, !ace issue=matterissue=matter

be of concern to sth.be of concern to sth.

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Vocabulary &Vocabulary & 'eld'eld

be made of sth.be made of sth. com!etin# (ad).*com!etin# (ad).*

shareshare

set (n.*set (n.* #oal=aim=tar#et#oal=aim=tar#et

consistent=constantconsistent=constant

, re#ular, re#ular full em!loymentfull em!loyment

for some reasonsfor some reasons

obvious=a!!arentobvious=a!!arent

out!ut=somethin#out!ut=somethin#

!roduced!roduced

!ros!erity=richness!ros!erity=richness

ma)orma)or

stabilitystability

the absence of sth.=the absence of sth.=

lac+ of sth.lac+ of sth.

sim!lysim!ly

a rise=an increasea rise=an increase sustained (ad).*sustained (ad).*

=constant=constant

continuous=constantcontinuous=constant

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Vocabulary 3Vocabulary 3 avera#eavera#e

levellevel

a chan#e IN sth.a chan#e IN sth.

e!resse!ress

calculatecalculate

modestmodest

in other "ordsin other "ords !urchasin# !o"er!urchasin# !o"er

consumerconsumer

v. consumev. consume

n. consum!tionn. consum!tion

measuremeasure

NI=N=/ =NI=N=/ =

#ross national0#ross national0

domestic !roduct0domestic !roduct0

incomeincome

achievementachievement

in%ationlessin%ationless

conditioncondition

attain=achieveattain=achieve