听说(英文版)课件汇总全书电子教案完整版课件(最新).ppt

Chapter One MoneyI Learning ObjectivesInIn thisthis unitunit studentsstudents willwill learnlearn aboutabout wordswords andandexpressionsrelatingtoMoney.expressionsrelatingtoMoney.StudentsStudentswillwilllearnlearnaboutaboutthethehistoryhistoryandandfunctionsfunctionsofofMoney.Money.StudentsStudentswillwilllearnlearnaboutaboutthethecurrentcurrentissuesissuesrelatingrelatingtotoMoney.Money.StudentsStudents willwill bebe ableable toto argueargue aboutabout thethe relationsrelationsbetweenbetweena acountryscountryscurrencycurrencypolicypolicyandanditsitseconomiceconomicdevelopment.development.II Teaching planThischapterwillcover3hours.2hoursfortheintroductionofbackgroundinformationandexplanationsoftermsandthetexts.Andtheother1hourfordiscussionandpractice.III Teaching methodsTranslationTranslationofkeysentencesofkeysentencesParaphrasingParaphrasingofkeywordsandexpressionsofkeywordsandexpressionsExplanationExplanationofnewtermsofnewtermsSummarizingSummarizingofkeypassagesofkeypassagesDiscussionDiscussionofimportantissuesofimportantissuesQuestions and answersQuestions and answers:interactionbetween:interactionbetweenteachersandstudentsteachersandstudents Open QuestionsCan you give specific examples to illustratethefourfunctionsofmoneyinreallife?According to your knowledge,what factorscanimpactthevalueofmoney?Doyouthinkthatthecreationofe-currencyhaschangedthefunctionsofmoneynowadays?Holdadebateonthisissue:itisatrendforpapermoneytovanishinthefuture,ande-money will play a dominant role in thepayment system.State your point of viewandgivethereasonsforit.V BackgroundMoneywasgenerallyconsideredtohavethefollowingfourmainfunctions:Medium of exchangeWhen money is used to intermediate theexchange of goods and services,it isperforming a function as a medium ofexchange.Unit of accountaunitofaccountisastandardnumericalunitof measurement of the market value ofgoods,services,andothertransactions.Store of Valuetoactasastoreofvalue,moneymustbeabletobereliablysaved,stored,andretrievedandbepredictablyusableasamediumofexchangewhenitisretrieved.Standard of deferred paymentA“standard of deferred payment”is anaccepted way to settle a debta unit inwhichdebtsaredenominated,andthestatusof money as legal tender,in thosejurisdictionswhichhavethisconcept,statesthat it may function for the discharge ofdebts.VI Special TermsInterbank银行间的，同业的Relating to,involving,or connecting two ormorebanks:interbankborrowing;aninterbanknetworkofautomatedtellermachinesCarrytrade套息交易Astrategyinwhichaninvestorsellsacertaincurrencywitharelativelylowinterestrateandusesthefundstopurchaseadifferentcurrencyyieldingahigherinterestrate.Currencyappreciation货币升值Anincreaseinthevalueofonecurrencywithrespecttoanother.Thismeansthatoneunitoftheappreciatingcurrencybuysmoreunitsoftheothercurrencythanitdidpreviously.Whilethiscanbeagoodsign,asitmayindicate a low rate of inflation,it alsomakesexportsfromthecountrywiththeappreciating currency more expensive,whilemakingimportslessexpensive.Subprimecrisis次级债务危机A situation starting in 2008 affecting themortgage industry due to borrowers beingapprovedforloanstheycouldnotafford.Asaresult,asignificantriseinforeclosuresled to the collapse of many lendinginstitutions and hedge funds.The financialcrisisinthemortgageindustryalsoaffectedtheglobalcreditmarketresultinginhigherinterest rates and reduced availability ofcredit.Hedgefunds对冲基金a mutual fund organized as a limitedpartnership and using high-risk,speculativemethodstoobtainlargeprofits.Callmoney活期存款MoneyMoney loanedloaned byby a a bankbank thatthat mustmust bebe repaidrepaid onondemand.demand.UnlikeUnlikea atermtermloan,loan,whichwhichhashasa asetsetmaturitymaturityandandpaymentpaymentschedule,schedule,callcallmoneymoneydoesdoesnotnothavehavetotofollowafixedschedule.followafixedschedule.HardmoneyHardmoney 价格比较稳定的钱价格比较稳定的钱DescribesDescribes gold/silver/platinumgold/silver/platinum(bullion)(bullion)coins.coins.AAgovernmentgovernmentthatthatusesusesa ahardhardmoneymoneypolicypolicybacksbacksthethevaluevalueofofthethecurrencycurrencyititusesuseswithwitha ahard,hard,tangibletangibleandandlastinglastingmaterialmaterialthatthatwillwillretainretainitsitsrelativerelativevaluevalueoverovertime.time.ForForexample,example,ininthetheearlyearly1900s,1900s,thetheU.S.U.S.dollardollarwaswas backedbacked byby thethe valuevalue ofof gold.gold.Today,Today,mostmostcountriescountriesuseusefiatfiatmoney,money,whichwhichisismademadelegallegaltendertenderbybygovernmentgovernmentdecreedecreebutbuthashasnonointrinsicintrinsicvaluevalueofofitsitsown.own.Seedmoney本钱，本金(Business/Commerce)moneyusedfortheestablishmentofanenterpriseTallmoney大笔的财富alargeamountofmoneyVII SentencesInIn SouthSouth Africa,Africa,forfor example,example,thethe ReserveReserve BankBankdeputydeputy governor,governor,recentlyrecently warnedwarned thatthat carrycarry tradestradeshadhadfuelledfuelleda ariseriseininthethevaluevalueofofthetherandrandandandwarnedwarnedthatthatthisthiscouldcouldbebea a“big“bigchallenge”challenge”emergingemergingmarketsmarketsthisyear.thisyear.例例如如，南南非非的的储储备备银银行行副副行行长长RenosiRenosi MokateMokate先先生生近近日日警警告告，套套息息交交易易导导致致了了兰兰特特（南南非非的的货货币币单单位位）的的升升值值，这这很很可可能能在在今今年年给给新新兴兴市市场场带带来来巨巨大的挑战。大的挑战。Disastrously,Disastrously,thisthis suddensudden carrycarry tradetrade unwindingunwindingpromptedprompted investorsinvestors toto fleeflee fromfrom assetsassets inin countriescountriessuchasIceland,whereittriggeredafull-blowncrisis.suchasIceland,whereittriggeredafull-blowncrisis.灾难性地，突如其来的套利交易平仓使很多投资灾难性地，突如其来的套利交易平仓使很多投资者放弃了在冰岛等国的资产，而投资者的这种行者放弃了在冰岛等国的资产，而投资者的这种行为在这些国家引发了全面的经济危机。为在这些国家引发了全面的经济危机。Mr.Mr.AlbaneseAlbanese sayssays hehe fearsfears a a rerunrerun ofof thethe bankingbankingcrisis,crisis,whenwhenthetheseizingseizingupupofofthethecreditcreditmarketsmarketshadhada amajormajorimpactimpactononChineseChinesegrowthgrowthininthethefourthfourthquarterquarterof2008.of2008.艾艾博博年年称称，他他担担心心银银行行业业危危机机会会再再次次上上演演，信信贷贷市市场场停停止止运运行行，对对中中国国增增长长造造成成冲冲击击，就就像像20082008年第四季度那样。年第四季度那样。EvenEven HelloHello Kitty,Kitty,JapansJapans cuddliestcuddliest mascot,mascot,isis inintrouble.trouble.Sanrio,Sanrio,thethegreetinggreetingcardcardcompanycompanythatthatownsownsthethe character,character,qualifiedqualified itsits recentrecent outlookoutlook withwithconcernsconcernsthatthatthetheEuropeanEuropeaneconomyeconomymaymaybebesluggishsluggish“because“becauseofoflingeringlingeringfinancialfinancialuneasinessuneasinessininthetheeuroeurozone”.zone”.甚至连日本最招人喜爱的吉祥物凯蒂猫甚至连日本最招人喜爱的吉祥物凯蒂猫(Hello(HelloKitty)Kitty)也身陷困境。该卡通形象的所有者、贺卡公也身陷困境。该卡通形象的所有者、贺卡公司三丽鸥司三丽鸥(Sanrio)(Sanrio)在展望前景时忧心忡忡地认为，在展望前景时忧心忡忡地认为，“由于欧元区金融不安状况挥之不去由于欧元区金融不安状况挥之不去”，欧洲经，欧洲经济可能会陷入停滞。济可能会陷入停滞。GoldmanGoldman Sachs,Sachs,forfor example,example,isis forecastingforecasting a arecoveryrecoveryininthetheeuroeurofromfrom$1.23$1.23toto$1.35$1.35ininthethenextnextthreethreemonths,months,togethertogetherwithwitha asmallsmallbutbutpositivepositive1.41.4perper centcent increaseincrease inin thethe eurozoneseurozones grossgross domesticdomesticproductfor2010.productfor2010.例例如如，高高盛盛(Goldman(GoldmanSachs)Sachs)预预计计，未未来来3 3个个月月，欧欧元元兑兑美美元元汇汇率率将将从从1.231.23美美元元回回升升至至1.351.35美美元元，20102010年年，欧欧元元区区国国内内生生产产总总值值(GDP)(GDP)将将增增长长1.4%1.4%，增增幅不大但终究是正数。幅不大但终究是正数。Thank You!Unit Two FinanceI Learning ObjectivesInthisunitstudentswilllearnaboutwordsandexpressionsrelatingtoFinance.Students will learn about the areas andfunctionsofFinance.StudentswilllearnaboutthecurrentissuesrelatingtoFinance.Students will be able to argue about thecurrentsituationoftheworldFinance.II Teaching planThischapterwillcover3hours.2hoursfortheintroductionofbackgroundinformationandexplanationsoftermsandthetexts.Andtheother1hourfordiscussionandpractice.III Teaching methodsTranslationofkeysentencesParaphrasingofkeywordsandexpressionsExplanationofnewtermsSummarizingofkeypassagesDiscussionofimportantissuesQuestions and answers:interactionbetweenteachersandstudentsOpen QuestionsCanyougivespecificexamplestoillustratewhatpersonalfinancedealswith?According to your own experiences,howdoes tax policy affect personal financialdecisions?HowmuchdoyouknowaboutBaselAccords?Haveyoumetwiththeliquidityrisk?Howhaveyoucopedwithitfinally?V BackgroundPersonal financePersonal financePersonalPersonal financialfinancial decisionsdecisions maymay involveinvolve payingpayingforforeducation,education,financingfinancingdurabledurablegoodsgoodssuchsuchasasrealrealestateestateandand cars,cars,buyingbuying insurance,insurance,e.g.e.g.healthhealthandandpropertyproperty insurance,insurance,investinginvesting andand savingsaving forforretirement.retirement.ItItmaymayalsoalsoinvolveinvolvepayingpayingforfora aloan,loan,ordebtobligations.ordebtobligations.Corporate financeCorporate financeManagerialManagerial oror corporatecorporate financefinance isis thethe tasktask ofofprovidingproviding thethe fundsfunds forfor a a corporationscorporations activitiesactivities(for(for smallsmall business,business,thisthis isis referredreferred toto asas SMESMEfinance).finance).CorporateCorporate financefinance generallygenerally involvesinvolvesbalancingbalancingriskriskandandprofitability,profitability,whilewhileattemptingattemptingtotomaximizemaximize anan entitysentitys wealthwealth andand thethe valuevalue ofof itsitsstock,stock,andand genericallygenerically entailsentails threethree interrelatedinterrelateddecisions.decisions.Finance of public entitiesPublicfinancedescribesfinanceasrelatedtosovereign states and sub-national entities(states/provinces,counties,municipalities,etc.)andrelatedpublicentities(e.g.schooldistricts)oragencies.Financial risk managementFinancialriskmanagementisthepracticeofcreatingandprotectingeconomicvalueinafirm by using financial instruments tomanageexposuretorisk,particularlycreditriskandmarketrisk.VI Special TermsInflation risk 通货膨胀风险Inflation risk reflects that rising prices forconsumergoodswilleventuallyreducethepurchasingpowerofdollars.Liquidity risk 流动性风险In finance,liquidity risk is the risk that agiven security or asset cannot be tradedquicklyenoughinthemarkettopreventaloss(ormaketherequiredprofit).Interest rate risk 利率风险Interestrateriskissimplythereductionofvalueofsecuritiesandbondsduetotheriseofinterestratesoveragivenperiodoftime.Cap(经费等的)最高限度anupperlimitonwhatisallowedDebut 初次登场初次登场thefirstpublicappearanceofaperformerorsportsplayerEndorsement 支持、认可支持、认可formalandexplicitapprovalInitial public offering首次公开募股发行An initial public offering(IPO)or stockmarket launch is a type of public offeringwheresharesofstockinacompanyaresoldto the general public,on a securitiesexchange,forthefirsttime.Windfall profits意外利润，暴利profit that occurs unexpectedly as aconsequenceofsomeeventnotcontrolledbythosewhoprofitfromit.Revolving lines of credit 循环信用额度An excellent method for financing yourbusiness.Witha revolvinglineofcreditabank will lend a specific amount to aborrower,and after it has been repaid theamountcanbeborrowedonagain.Credit default swaps 信 用 违 约 掉 期（CDS）It is a form of insurance that protects thebuyer of the CDS in the case of a loandefault.If the borrower defaults(fail torepaytheloan),thelenderwhohasboughttraditional insurance can exchange or“swap”the defaulted loan instrument formoneyusuallythefacevalueoftheloan.VII SentencesTheThe stunningstunning marketmarketdebutdebut seemedseemedtoto affirmaffirm thatthatmicrofinancelendingmicrofinancelending moneymoney toto thosethose tootoo poorpoorandandwithoutwithoutsufficientsufficientcollateral,collateral,totoaccessaccessnormalnormalbankbank loanscouldloanscould bebe mademade profitableprofitable andandattractiveenoughtoattractinvestors.attractiveenoughtoattractinvestors.这这一一令令人人惊惊喜喜的的首首度度市市场场发发行行证证实实了了微微型型金金融融，即即银银行行借借款款给给无无足足够够抵抵押押物物的的穷穷人人，也也是是有有利利可图的，并可以吸引很多投资者可图的，并可以吸引很多投资者。Advocates of commercial microfinanceacknowledgethatmanyIndianlendershadlostsightofmicrofinancessocialmissionofpovertyalleviation.商业微型融资的支持者也承认很多印度贷款人忽略了微型融资扶贫的社会使命。ItIt alsoalso servedserved asas a a powerfulpowerful warningwarning aboutabout thethepoliticalpoliticalrisksrisksconfrontingconfrontingcommercialcommercialmicrofinancemicrofinancecompaniescompaniesififtheytheyarearetootooaggressiveaggressiveinin pursuingpursuing growthgrowth toto satisfysatisfy profit-seekingprofit-seekingshareholdersshareholdersatatthetheexpenseexpenseofoftheirtheirimpoverishedimpoverishedborrowers.borrowers.如如果果微微型型金金融融商商业业公公司司以以牺牺牲牲贫贫困困的的借借款款人人的的利利益益为为代代价价，以以过过于于激激进进的的方方式式谋谋求求利利润润增增长长，满满足足股股东东们们的的利利益益追追求求。则则这这是是对对他他们们面面临临的的政治风险的一个警告。政治风险的一个警告。HeHebelievesbelievestherethereisisa a“national“nationalneed”need”totogathergatherthethedatadata andand dodo thethe researchresearch toto understandunderstand marketsmarketsbetter,better,justjustasaswaswasdonedonetotobetterbettermodelmodelhurricaneshurricanesandand theirtheir impact.impact.ItIt tooktook decadesanddecadesand waswas a aseriousproject.seriousproject.他他认认为为收收集集数数据据、进进行行调调研研，以以更更好好的的了了解解市市场场已已成成为为“全全国国性性需需要要”。正正如如对对飓飓风风及及其其影影响响进进行行的的模模仿仿性性研研究究一一样样，而而对对飓飓风风的的研研究究历历时数年，工程量巨大。时数年，工程量巨大。ButButwithoutwithouta abetterbetterwaywayofofknowingknowingwhatwhatgoesgoesononinin thethe complexcomplex andand interconnectedinterconnected markets,markets,thetheonlyonlylogicallogicalstepstepwouldwouldbebetotosplitsplitlargelargefirmsfirmsintointolotslotsofofpiecespiecesthatthatarearemanymanystepsstepsawayawayfromfromeacheachother.other.倘倘若若没没有有更更好好的的办办法法来来了了解解复复杂杂的的、互互相相联联系系的的市市场场的的话话，唯唯一一合合理理的的的的方方法法是是把把大大型型公公司司拆拆分分成成若若干干个个单单元元，彼彼此此之之间间的的联联系系是是间间接接的的，不紧密的。不紧密的。Thank You!Unit Three BankingI Learning ObjectivesInthisunitstudentswilllearnaboutwordsandexpressionsrelatingtoMoney.Studentswilllearnabouthistoryandnatureofthebankingindustry.StudentswilllearnaboutthecurrentissuesrelatingtoBanking.Students will be able to discuss about theweaknesses of banks that were exposedthrough the financial crisis and changesbanks need to take or avoid theseweaknesses.II Teaching planThischapterwillcover3hours.2hoursfortheintroductionofbackgroundinformationandexplanationsoftermsandthetexts.Andtheother1hourfordiscussionandpractice.III Teaching methodsTranslationofkeysentencesParaphrasingofkeywordsandexpressionsExplanationofnewtermsSummarizingofkeypassagesDiscussionofimportantissuesQuestions and answers:interactionbetweenteachersandstudents Open QuestionsAccording to the passage,what is banksprimaryrole?Talkaboutyourownexperiencerelatingtothisrole.Whatarethethreebasictypesofbanks?Canyoudifferentiateamongthem?Canyounamesomelargeglobalcommercialbanks?Have you seen any changes in thedevelopmentofbanksinthepresentworld?giveyouownexamplesandideas.V BackgroundThe primary role of the bank is to acceptdepositsandlendmoney.Goodsandservices.Bankingcomprisestwoparts:Monetary AuthoritiesCentral BankandDepositoryCreditIntermediation.Industryorganization.Therearethreebasictypesofbanks:commercialbanks,savingsand loan associations,and credit unions.Commercial banks,which dominate thisindustry,offer a full range of services forindividuals,businesses,andgovernment.Savings and loan associations,sometimescalledthriftinstitution,werefirstestablishedas community-based institutions to financemortgagesforpeoplet