CHAPTER 1 Money

Background Case:Call for New 1,000-yuan Note Falls Flat

Listening

Reading:Personal Budgets

Translation

Speaking

Writing

Additional Reading:US Dollar History

CHAPTER 2 Banking

Background Case:Washington Mutual Closed in Largest US Bank Failure

Listening

Reading:The Grasshoppers and the Ants—A Contemporary Fable

Translation

Speaking

Writing

Additional Reading:How the Cards Are Cut

CHAPTER 3 Inflation

Background Case:Queen Wants a Pay Rise?!

Listening

Reading:The Great Inflation Cover-up

Translation

Speaking

Writing

Additional Reading:Inflation vs.Deflation

CHAPTER 4 Exchange Rates

Background Case:Life's a Beach as S Koreans Cash in on Rising Won

Listening

Reading:What Happens Ifthe Dollar Crashes?

Translation

Speaking

Writing

Additional Reading:China's Exchange Rate Policy and Trade Imbalances

CHAPTER 5 Business Cycle

Background Case:Ireland Offers Tips to Weather Recession

Listening

Reading:Graduates Face a Hard Road to the Top

Translation

Speaking

Writing

Additional Reading:Darwin's Recessionary Tip:Act like a Beetle

CHAPTER 6 The Role of Government

Background Case:Govt Steps Up Heat on Google

Listening

Reading:The Role of Government

Translation

Speaking

Writing

Additional Reading:The Declaration of Independence

CHAPTER7 Economic Crisis

Background Case:IMF Warns Global Financial Markets Fragile,Systemic Risks Elevated

Listening

Reading:The Specter of Stagflation

Translation

Speaking

Writing

Additional Reading:A Nightmare on Wall Street

CHAPTER8 Antitrust

Background Case:EU Files Antitrust Charges Against Intel

Listening

Reading:Monopoly

Translation

Speaking

Writing

Additional Reading:Mulling the Merger

CHAPTER 9 Intellectual Property Rights

Background Case:Kaspersky Claims Compensation from Rising

Corporation

Listening

Reading:The Crow and the Owl

Translation

Speaking

Writing

Additional Reading:Key Forms of Intellectual Property

CHAPTER 10 International Trade Barriers

Background Case:Chinese Exports Face More Technical Barriers

Listening

Reading:Free Trade Without the WTO

Translation

Speaking

Writing

Additional Reading:The Tariff Idea

CHAPTER11 Energy and Environment

Background Case:China Adopts Recycling Law to Boost Sustainable Development

Listening

Reading:Food vs.Fuel

Translation

Speaking

Writing

Additional Reading:Greenhouse Effect and Its Proposed Solutions

CHAPTER 12 Globalization

Background Case:Even the IBM PC and the Boeing 777 Aren't All American

Listening

Reading:Globalization,Yes,Globalization,No

Translation

Speaking

Writing

Additional Reading:Globalization in the World Economy