2011财经英语授课23.pptVIP

English for Special Purpose Lecturer： Delin Zhuang Part I Terminology-economics 1.allocation of resources 2. Arrow’s Impossibility Theorem 3. barriers to entry 4. backward-bending labor supply curve 5.complementary goods 6. constant returns to scale 7. consumer preferences 8. indifference curve 9. law of diminishing marginal rate of substitution 10.economic mechanism design Terminology-economics 11.gross consumer surplus 12.sustitution effect 13. appreciation of a currency 14 income elasticity of demand 15. expected rate of inflation 16.Engel Curve 17. endogenous varia