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Unit1Decision-MakingBehaviorsinEconomicActivities
ContentsReadingTextATextBViewingSpeakingResearchPaperWriting
TextALead-intaskWhilereadingAfterreadingtasksHowPeopleMakeDecisions
Lead-intaskHowdopeoplemakedecisions?CriticalthinkingReferenceanswersPeoplemakedecisionsbyfollowingtheirintuition,bytakingotherpeople’sadvice,orbythinkingaboutprosandcons.
WhilereadingThefocusedissueSomeeconomists’pointofview:howpeoplemakedecisions.ReadingtaskWhatarethetwoprinciplesthateconomistsbelieveinfluencepeople’sdecision-making?
Languagesupport“Otherwise”isanadverbhere.Itisusedforsayingthatsomethingistrueexceptforthefactthatyouhavejustmentioned.e.g.Thedriversufferedshockbutwasotherwise unhurt.WhilereadingMarginaldecision-makingcanhelpexplainsomeotherwisepuzzlingeconomicphenomena.(Para.5)
Languagesupport“Inturn”canbeusedtoindicateasequentialrelationshipascomparedtotheonejustmentioned,meaningaccordinglyorsimilarly,withrespecttosequence,precedence,orhierarchy.e.g.Mycarwashitbyatruck,whichinturnwashit bythevan. HeleakedthesecrettoTomwhointurnleaked ittoAddison.WhilereadingThemarginalbenefit,inturn,dependsonhowmanyunitsapersonalreadyhas.(Para.5)
Languagesupport“Ifandonlyif”isoftenusedinlogic,meaningthatthetruthofeitheroneoftheconnectedstatementsrequiresthetruthoftheother(当且仅当).e.g.Arectangleisasquareifandonlyifallfourofitssideshavethesamelengths.WhilereadingArationaldecision-makertakesanactionifandonlyifthemarginalbenefitoftheactionexceedsthemarginalcost.(Para.6)
Languagesupport“Gosofarastodosth.”meanstobehaveinawaythatseemssurprisingorextreme甚至做出某事e.g.Manyranchersgosofarastoblockpublic accessroadswithgates.WhilereadingOneeconomistwentsofarastosuggestthat…(Para.7)
Languagesuppo
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