Samarkand iktisodiyot va servis instituti

Ilova 2 (25.1)
Mutual funds
Complete the following sentences with words or phrases from the box.

invested investment trusts mutual funds OEICS redeemed

trade traded transaction trust law unit trusts

1 ................................. are companies set up to invest capital for investors.

2 ................................. are a type of mutual fund common in the UK and English-
speaking countries. They are a safe, easy investment.
3 ................................. is the legal framework which governs the management of
private trusts.
4 Unit trust investments are easily ................................. or turned into cash.
5 When capital is ................................. in unit trusts, more shares are created.
6 ................................. have a share base which is constant - new investments buy
existing shares, they do not create new shares.
7 Both mutual trusts and investment trusts have low................................. costs,
which means buying into or selling out is not expensive.
8 ................................. are open-ended investment vehicles
9 OEICS are flexible and easy to ................................., having a single price for
both selling and buying.
10 OEICS are ................................. internationally.

Economist

I'm a student of the Tashkent State University. In the near future I'll graduate from the University and become a professional economist. I'm sure that the profession of an economist is one of the most important nowadays in our Republic.
What makes a good economist? Whatever he does, an economist should have a through training in economic theory, mathematics and statistics and our University offers such training. At the University we are taught various general and special subjects, such as Macroeconomics, Microeconomics, Management, Accounting, Money and Banking, Economic Theory, Statistics, Computer Science, Business Ethics, English.
The profession of an economist is quite diversified. The graduates of the faculty work at the educational institutions, various research centers and laboratories, in industry, business, banks. Being employed in industry and business, our graduates work as managers, as executive managers, sales managers, financial managers.
Some of us work as accountants. An accountant is one of the prestigious and widely required professions of an economist in a society. You shouldn't mix an accountant with a book-keeper. While a book-keeper is mostly involved in calculations, like balance sheets, income statements, invoices, an accountant is responsible for designing the financial policy of a company.
Some of us work at the banks, at the Stock Exchange, others work for the government or are employed by various agencies and by military services. Economists can solve many problems facing our republic.

Key words:

otherthingsbeingequal припрочихравныхусловиях бошканарсалартенгдир
micro-andmacroeconomics микро- имакроэкономика иктисодиёт
management менеджмент бошкариш
marketing маркетинг маркетинг
finance финансы и денежное обращение молиява пул айланмаси
accounting бухгалтерский учет бухгалтерия хисоби
logistics логистика логистика
researchanddevelopment НИОКР илмийтадкикотларваишлаб чикишишлари
definition определение таърифи
formulate формулировать шакллантириш
scarceresources редкие (ограниченные) ресурсы кам, ресурслар
commodity товар махсулот
distribute распределять таркатиш
businessexecutive управляющий директор, топ менеджер-бошкарувчи
causesandconsequences причины и следствия сабабванатижа
inflationary инфляционный инфляциялик
rational рациональный, разумный окилона

Exercises