UNIT 1. PROFESSION OF AN ECONOMIST

The Name Of Group :

Miranda Ayu Ningsih    F1032161003

Nurul Ulfa                      F1032161005

Gresi Jayanti                  F1032161021

Chandra Rahayu            F1032161024

I.          Vocabulary

Individuals	Individu
Society	Masyarakat
Resources	Sumber Daya
Labor	Tenaga Kerja
Factories	Pabrik-pabrik
Machines	Mesin
Effort	Usaha
Satisfy	Memberi kepuasan
Gains	Laba
Benefits	Kebaikan
Determine	Menentukan
Employed	Dipekerjakan
Develop	Berkembang
Entrepreneurs	Pengusaha
Theoretical	Teoritis
Provide	Menyediakan
Wears	Pemakaian
Forecast	Prediksi
Useful	Bermanfaat
Investment	Investasi
Firms	Perusahaan / Firma
Existence	Keadaan
Initiative	Inisiatif
Employee	Pekerja
Increase	Pertambahan
Wage	Gaji
Tax	Pajak
Revenues	Pendapatan
Percentage	Presentasi
Growth	Pertumbuhan

II.          Exercise 1 Study the meaning of the following words, then use them to fill in the gaps : monitor, check, and control.

1.       I’ve Check the documentation to see if it correct.

2.       Inflation has not gone away but it is under Control

3.   We constantly Monitor the situation and if anything goes wrong we take action immediately.

4.       We apologize for the delay which is due to reasons beyond our Control

5.  Economists Control prices, computer total output and perform other useful tasks.

                                                  

III.          Exercise 2 Choose the words with similar meaning from two columns and arrange then in pairs.

1.  Costs (n)	P.1 L.6	meaning Expenses, Outlay  (Biaya, Pengeluaran)
2.  Monitor (v)	P.3 L.2	meaning Control, Manage  (Pengamatan, mengatur)
3.  Flair (n)	P.4 L.5	meaning Skill, Talent, Inclination  (Bakat, kemampuan, kecendrungan)
4.  Entrepreneur (n)	P.4 L.3	meaning Employer  (Wirausaha, Karyawan)
5.  Forecast (n)	P.3 L.1	meaning Prediction  (Ramalan, Prediksi)
6.  Provide (v)	P.2 L.4	meaning Supply, Equip, Outfit  (Menyediakan, Melengkapi)
7.  Job-Setting (n)	P.2 L.1	meaning Place of Work  (Tempat Kerja, Pekerjaan)
8.  Liable (a)	P.5 L.4	meaning Responsible  (Dapat dikenakan, besar kemungkinan, bertanggung jawab)

IV.          Exercise 3 Complete the sentences using the words given below.

1.  Liable  means having the qualities that are needed to succeed as an entrepreneur.

2.  An Entrepreneurial  is a person who sets up business and business deals.

3. A Tycoon is a person who is successful in business and so has become rich and powerful.

4.   The industry will have to pass its increased Distribution on to the consumer.

5.    The management will Provide accommodation, food and drink for thirty people.

6.     He has always been Self-employed  for his children.

7.      The Costs of the job include a car and free health insurance.

8.      He won’t Qualify as an economist until next year.

9.    An individual hoping to start up a new company needs to have entrepreneurial Flair or talent.

10.  Unfortunately Forecasts  of higher profits did not come true.

11.  Economists are concerned with the production, Distribution and Consumption.