Slide bài giảng tiếng anh chuyên ngành kinh tế unit 14 supply

Unit 14
SUPPLY
Reading Comprehension
Q1 How many meanings of the term “supply” does
the author mention in this passage? What are
they?
Reading Comprehension
Q1 How many meanings of the term “supply” does
the author mention in this passage? What are
they?
There are 3 meanings of the tern “supply”
mentioned in this passage. Firstly, supply
means the total amount in existences.
Secondly, it means the normal output per
unit of time. Thirdly, it means the amount
offered for sale per unit of time.
Reading Comprehension
Q2 Explain the meaning of “the supply of coal”
“The supply of coal” may mean the total
amount of coal which has been extracted from
the mines and is still in existence.
- ?
Reading Comprehension
Q3 Give an example of when the tern “supply”
means the normal output per unit of time
Vietnam’s supply of rice is over 2 million tons a
year. In this case, stocks of rice are small
compared with annual output.
More example: coffee, pepper, sugar …
Reading Comprehension
Q4 What relationship is mentioned in the law of

supply?
It is the relationship between price and quantity
purchased/offered for sale.
Reading Comprehension
Q5 What is the law of supply?
The law of supply states: in a short-run time
period, in a given market, other things being equal,
the quantity of an item which is offered for sale
varies directly with its price.
Reading Comprehension
Q5 What is the law of supply?
The law of supply states: in a short-run time
period, in a given market, other things being equal,
the quantity of an item which is offered for sale
varies directly with its price.
Reading Comprehension
Q6 What influences both supply and demand?
Price does
Q7 Does the law of supply say that the price is the only
thing that changes the supply.
No
extra question: what things change?
Reading Comprehension
•
What are the basic factors of Supply/Demand?
•
What usually leads to higher supply? Explain
why.
•
What does supply depend on?

Reading Comprehension
•
What are the basic factors of Supply/Demand?
ability and willingness to sell/buy
•
What usually leads to higher supply? Explain why.
Higher prices. Because it promises higher profits???
•
What does supply depend on?
-
Costs of input: ???
-
Technology, labour
-
Tax policies
-
No of producers.
Vocabulary
1. wheat
2. percentage
3. extracted
4. reflect
5. currently
6. consumers
7. parallels
8. existence
9. ever
10. equal
11. mines
12. compared

Grammar: As vs like
•
Usage: similar to each other
•
Structure:
▫
Like is followed by a noun or pronoun
▫
As is followed by a clause
Grammar: As vs like
1. Like/ as you do
2. As/like the old room
3. Like/as it were
4. Like/ as I were
5. As/ like what
6. As/ like his suggestion
7. As/ like your preference
8. As/like our expectation
Translation
•
Chúng ta có th hi u thu t ng Cung b ng nhi u cách ể ể ậ ữ ằ ề
khác nhau. Nói chung Cung có nghĩa là t ng l ng hàng ổ ượ
hoá và dich v đang t n t i.ụ ồ ạ
•
Giá vàng VN tăng m nh không ph i do ngu n cung ở ạ ả ồ
thi u và cũng không ph i do nhu c u tăng mà do ng i ế ả ầ ườ
dân đ xô nhau đi mua vàng.ổ
•
B t c th tr ng nào cũng ch u s chi ph i c a quy lu t ấ ứ ị ườ ị ự ố ủ ậ
cung c u, quy lu t mà gi i quy t hành vi mua bán c a ầ ậ ả ế ủ

nh ng nhà s n xu t và khách hàng.ữ ả ấ
•
Ng i tiêu dùng VN đ c h ng r t nhi u l i ích t s ườ ượ ưở ấ ề ợ ừ ự
c nh tranh kh c li t c a các hãng cung c p dich v vi n ạ ố ệ ủ ấ ụ ễ
thông v n r t d i dào VN.ố ấ ồ ở
Translation
Chúng ta có th hi u thu t ng Cung b ng ể ể ậ ữ ằ
nhi u cách khác nhau. Nói chung Cung có nghĩa ề
là t ng l ng hàng hoá và dich v đang t n t i.ổ ượ ụ ồ ạ
•
The term Supply can be understood in different ways.
In general, it means the total amount of goods and
services (which is) in existence.
•
We can understand the term Supply …
Translation
Giá vàng VN tăng m nh không ph i do ngu n cung ở ạ ả ồ
thi u và cũng không ph i do nhu c u tăng mà do ng i ế ả ầ ườ
dân đ xô nhau đi mua vàng.ổ
•
The fact that the price of gold in Vietnam is rising rapidly is due
to neither insufficient /short supply nor greater needs. It is
because people rush/scramble to buy it.
•
The rapidly rising price of gold in Vietnam is not derived from
either … or …, but
Translation
B t c th tr ng nào cũng ch u s chi ph i ấ ứ ị ườ ị ự ố
c a quy lu t cung c u, quy lu t này gi i ủ ậ ầ ậ ả
quy t hành vi mua bán c a nh ng nhà s n ế ủ ữ ả

xu t và khách hàng.ấ
Every market is governed by the law of Supply and
Demand which deals with trading behaviours of
producers and customers.
.
Translation
Ng i tiêu dùng VN đ c h ng r t nhi u l i ích t s ườ ượ ưở ấ ề ợ ừ ự
c nh tranh kh c li t c a các hãng cung c p dich v vi n ạ ố ệ ủ ấ ụ ễ
thông v n r t d i dào VN.ố ấ ồ ở
•
Customers/ consumers in Vietnam benefit much from the
tough/harsh competition of abundance of telecommunication
providers in the country.
•
Customers/ consumers in Vietnam benefit much from the
tough/harsh competition of telecommunication providers (which
are) in abundance/ abundant in this country
•
Tough/harsh competition of abundance of telecommunication
providers in Vietnam brings a number of benefits to local
consumers.