Micro- and

macroeconomics
Unit 3

Vocabulary 1
due to sth.=because
of
be customary to do
sth= usual, common
divide sth. INTO sth.
imply
be concerned
with=deal with
interrelationship
between
behaviour
broad=wide
aggregate=collection

affect sth.=have
influence ON sth.
concern sth.=be
relevant to
commodity=goods
stuff vs. staff
versus
determination
overall=general
rate=speed, pace
issue=matter
be of concern to sth.

Vocabulary 2
field
be made of sth.
competing (adj.)
share
set (n.)
goal=aim=target
consistent=constant
, regular
full employment
for some reasons
obvious=apparent

output=something
produced
prosperity=richness
major
stability
the absence of sth.=
lack of sth.
simply
a rise=an increase
sustained (adj.)
=constant
continuous=constant

Vocabulary 3
average
level
a change IN sth.
express
calculate
modest
in other words
purchasing power
consumer
v. consume

n.

consumption
measure
GNI=GNP=GDP =
gross national/
domestic product/
income
achievement
inflationless
condition
attain=achieve