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Economics. Revise Grammar and new terms!
Revise Grammar! Choose the correct form of the verbs in brackets: Economics (attempt, attempts) to find laws or principles. The predictions of the models (form, forms) the basis of economic theories. The figure (show, shows) the interrelation between models, theories and reality. Economists (make, makes) assumptions and predictions. (Do, Does) they test predictions? Real facts often (contradict, contradicts) the theory. Leonid Kantarovitch (be, is) a famous Russian economist. Match the terms and their definitions: finance philosophy public economics political economy econometrics social security the descipline within economics that attempts to measure and estimate statistically the relationship between two or more economic variables control and management of the money, goods and services of a society condition of a country as to material prosperity of its population (science of) the management of (especially public) money the search for knowledge especi