Vocabulary List for Economic Conversations PDF

Vocabulary list =============== Let\'s expand our vocabulary Business situation --Expressing myself in economic conversations in English inflation (n.) *Inflation in Switzerland has been low for a long time.* ------------------ ----------------------------------------------------------...

Vocabulary list =============== Let\'s expand our vocabulary Business situation --Expressing myself in economic conversations in English inflation (n.) *Inflation in Switzerland has been low for a long time.* ------------------ ---------------------------------------------------------- -- low (adj.) *Inflation in Switzerland has been low for a long time.* recent (adj.) *In recent years, dynamics have changed.* to rise (v.) *Inflation has risen.* impact (n.) *This has an impact on the entire value chain.* value chain (n.) *This has an impact on the entire value chain.* Learning about inflation and the central bank to affect (v.) *Inflation affects all aspect of the economy.* --------------------------------- --------------------------------------------------------------------------------------------------------------- -- goods (n.) *Inflation affects the prices of goods and services.* services (n.) *Inflation affects the prices of goods and services.* wages (n.) *The wages might rise due to inflation.* consumer spending (n.) *Consumer spending could decrease due to inflation.* business investment (n.) *There may be fewer business investments.* employment rate (n.) *The employment rate must remain high.* tax policy (n.) *What's the tax policy of your country?* consumer price index (CPI) (n.) *Inflation is usually measured using the consumer price index (CPI).* value (n.) *Money loses some of its value.* to increase (v.) *Money increases in value.* to raise (v.) *They raised taxes.* supply (n.) *Supply and demand may change due to the economic situation in a country.* demand (n.) *Supply and demand may change due to the economic situation in a country.* expectation (n.) *We speak about inflation expectations when economists estimate the inflation rate for the following months.* price stability (n.) *Price stability cannot be ensured.* interest rate (n.) *The central banks can raise interest rates.* to trust (v.) *Many companies trust the central bank.* credible (adj.) *The central banks must be credible.* Analysing hyperinflation using the example of Venezuela hyperinflation (n.) *There is hyperinflation in Venezuela.* ------------------------ ------------------------------------------------------------------- -- inaccessible (adj.) *Food and medicine have become inaccessible.* annual (adj.) *What was the annual inflation rate in Venezuela in 2018?* inflation rate (n.) *What was the annual inflation rate in Venezuela in 2018?* to invest in (v.) *The president invested in social programmes.* natural resources (n.) *What natural resources does Venezuela have?* debt (n.) *The country had many debts.* citizen (n.) *The situation of the average citizen of Venezuela is difficult.* to afford (v.) *People can't afford food and medicine anymore.* to emigrate (v.) *They emigrate to more economically stable countries.* Taking the minutes at a board meeting to take the minutes (expression) *She's taking the minutes at the meeting.* ---------------------------------- ----------------------------------------------------------- -- board meeting (n.) *They are at the board meeting.* trainee (n.) *She's a trainee for the next two months.* agenda (n.) *What's the first item on the agenda today?* impact (n.) *Inflation has an impact on all sectors.* sector (n.) *Inflation has an impact on all sectors.* raw material (n.) *The prices of raw materials have risen.* to rise (v.) *Prices have risen sharply.* sharply (adv.) *Prices have risen sharply.* to reduce (v.) *They need to reduce costs.* costs (n.) *They need to reduce costs.* to agree (v.) *She agrees with him.* increase (n.) *She sees the solution in an increase in prices.* consumer (n.) *Consumers will no longer buy these products.* competition (n.) *The competition is very strong.* to suggest (v.) *She suggests changing the sales strategy.* quality (n.) *We should focus on the quality of our products.* exclusivity (n.) *We should focus on the exclusivity of our products.* to proceed (v.) *Each sector needs to analyse how to proceed.* opportunity (n.) *Inflation can be an opportunity to optimise production.* Analysing a problem and finding solutions personnel costs (n.) *The personnel costs are rising.* ---------------------- --------------------------------------------------------------- -- cost of living (n.) *Employees have to keep pace with the rising cost of living.* competitive (adj.) *It's a competitive market.* to improve (v.) *We must improve efficiency.* efficiency (n.) *We must improve efficiency.* innovative (adj.) *We should become more innovative.* to diversify (v.) *We could diversify the product range.* product range (n.) *We could diversify the product range* to negotiate (v.) *We need to negotiate with subcontractors.* subcontractors (n.) *We need to negotiate with subcontractors.* Understanding and describing charts chart (n.) *This chart shows the inflation rate of...* ----------------- ---------------------------------------------------------- -- source (n.) *What is the source of this chart?* to publish (v.) *This chart was published in 2023.* topic (n.) *What is the overall topic of this chart?* to compare (v.) *This chart compares the inflation rate in... with...* conclusion (n.) *What conclusions can be drawn from the chart?* Learning about population growth population growth (n.) *Population growth is different from country to country.* ------------------------ -------------------------------------------------------------- -- birth rate (n.) *It depends on the birth rate, death rate and migration.* death rate (n.) *It depends on the birth rate, death rate and migration.* migration (n.) *It depends on the birth rate, death rate and migration.* to influence (v.) *It influences our economic, ecological, and social future.* to expect (v.) *They expect strong population growth.* to assume (v.) *It is assumed that Switzerland will be in a good position.* mortality (n.) *Why is mortality sinking in Switzerland?* life expectancy (n.) *What is the life expectancy of men in Switzerland?* My own words and expressions \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ 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