(共21张PPT)
Unit 4 Everyday economics
Listening&Speaking
In this class, you will be able to
develop listening ability by getting key information from listening materials and tasks;
learn related words and expressions about finance management and social credit;
express yourself about how to manage finances and maintain a good social credit record.
Learning objectives
Look at the pictures and explain the sentence.
As the use of physical money is on the decline, who knows what other forms of currency we will have at our fingertips in the future
Paying coins for some vegetables
Donating money to people in need
Paying through QR code apps on a smartphone
Using an ATM card
Lead-in
Read the paragraph.
贷款
分期付款
信用评价体系
贷款信用
credit
creditworthy
credit system
有信用的
BUY NOW–PAY LATER 赊购
We bought the dishwasher on credit.
money borrowed 借款
The bank refused further credit to the company.
The offering of money loans for repayment.
Based on their subjective judgement.
Objective credit rating methods.
They record and score people’s economic activities, like credit card payment, loan payment, which will affect their future creditworthiness.
Read the paragraph and answer the questions.
贷款
偿还;分期付款
信用评价体系
贷款信用
赊账;贷款
1 What is “credit”
2 How did lenders decide whether to offer credit or not
3 What are the credit systems based on How do they work
Activity 5 Listen and choose the topics discussed.
1 The tips to book a good hotel.
2 The importance of being creditworthy.
3 The origin of the credit system.
4 The benefits of a social credit system.
5 The cost of having a bad social credit record.
Activity 6 Listen and complete the paragraph.
I have been 1__________________ on time, returning books to the library 2__________________________, and using 3_______________ properly.
As a reward, we didn’t have to pay a deposit when 4____________________ during our trip to Hangzhou. The hotel is very nice, and it’s quite near the West Lake. This is just one of the many benefits of the social credit system which enables 5_________________________ to enjoy a more convenient life 6____________.
paying credit card bills
in a good condition without delay
the shared bicycle
we checked in at a hotel
people with good social credit
at a lower cost
1. What was the man prohibited from doing and why
He was prohibited from renting an expensive car because the credit system showed that he was a laolai.
2. What restrictions are mentioned that are caused by a bad social credit record
Apart from renting expensive cars, they may also find it hard to buy flight tickets or tickets for high-speed rail services, among other things.
3. What could the social credit system contribute to
The social credit system is an encouragement to those who can be relied upon to do the right thing, and the system is an effective way to build a friendly, honest and safe society.
NOW ANSWER THE QUESTIONS.
Tape script (You can refer to it if necessary.)
(A phone chat between two UK students, one has been in China for some time.)
Kelvin: Hi, Sherry, how’s everything going
Sherry: Everything is just so much fun! Actually, I went to Hangzhou with Wang Lin last Saturday. We stayed in a fantastic hotel.
Kelvin: Really What was so special about it
Sherry: Well, to start with, when we checked in, they didn’t make us pay a deposit!
Kelvin: Oh…How did that happen
Sherry: It turned out that Wang Lin has a very good social credit record.
Kelvin: A social credit record What’s that Could you tell me more about it
Sherry: Let me explain. China started to build a social credit system in 2014. And living in a city, you’d have lots of activities in your daily life that went onto your social credit record, such as paying credit card bills on time, returning books to the library in good condition without delay, using the shared bicycles properly, and so on. All these actions will accumulate good credit in the social credit system. Wang Lin has done well in all these aspects, and that brings her many benefits.
Kelvin: Fabulous! It sounds as if the social credit score has turned into money!
Sherry: Yes, it shows people how reliable and creditworthy you are. And it enables people with good social credit to enjoy a more convenient life at a lower cost. However, people with bad social credit could suffer.
Kelvin: How is that so
Sherry: I saw on TV recently that a man was prohibited from renting an expensive car — because the credit system showed he was a laolai!
Kelvin: A laolai What does that mean
Sherry: It means he’s the sort of person who can’t be relied on to repay his loans.
Kelvin: Well then, it was his own fault that he didn’t get the car. Maybe now he realize just how important it is to be creditworthy and behave properly.
Sherry: Absolutely. Many people with poor social credit records like this man have found it hard to buy flight tickets or tickets for high-speed rail services, among other things.
Kelvin: Well I think it’s definitely an encouragement to those who can be relied upon to do the right thing.
Sherry: And an effective way to build a friendly, honest and safe society.
Activity 7 Complete the boxes with the expressions from the conversation.
How did that happen
What’s that
Could you tell me more about it
Let me explain.
It enables...
How is that so
What does that mean
It means...
It’s definitely an encouragement to...
...an effective way to...
Asking for clarification
Clarifying
Stating advantages
How did that happen
What’s that
Could you tell me more about it
How is that so
What does that mean
Let me explain.
It means...
It enables.
It’s definitely an encouragement to...
...an effective way to...
Activity 8 Read the leaflet and answer the questions.
Finance
management
tips for freshmen
Welcome to Winfield University. While you’re doing your degree here, most of you must also handle money on your own for the first time. You will have to pay bills and handle budgets to make ends meet. Here are some tips for you to stay afloat.
freshman, sophomore, junior, senior
Activity 8 Read the leaflet and answer the questions.
What suggestions are given the help students save money
What do you need to pay attention to when spending money
What do you need to bear in mind when making extra money
What suggestions are given to help students save money
Activity 8 Read the leaflet and answer the questions.
Find the banking services that meet your needs and will help you save money. Save a small amount of money each week from now on, and increase it each month.
2. What do you need to pay attention to when spending money
Activity 8 Read the leaflet and answer the questions.
Be careful when opening your first credit card account. Look for a card with good benefits and no annual fees. Always make payments on time. Make rational spending choices and never exceed your agreed credit limit. Avoid luxuries so that you don’t go into debt.
3. What do you need to bear in mind when making extra money
Activity 8 Read the leaflet and answer the questions.
Make sure it doesn’t interfere with your studies, and pay any tax as required by law.
1 ____________: the amount of money needed or available for certain purposes
2 ____________: to have enough money to buy what you need to live
3 ____________: to be out of debt or financial difficulty
4 ____________: money paid to the government, usually a percentage of
personal income or of the cost of goods
5 ____________: to accumulate the quality of being creditworthy
6 ____________: the maximum amount of money that may be borrowed under
a credit arrangement
7 ____________: to get into the state of owing money
8 ____________: costs automatically charged once a year to your credit card
account
9 ____________: the amount of money charged by a bank when you borrow
money, or paid to you when you keep money in an account
budget
make ends meet
stay afloat
tax
Activity 9 Match the words and expressions in Activity 8 to their meanings.
building credit
agreed credit limit
get into debt
annual fee
interest
Speak up
Activity 10 Work in pairs. Give suggestions on how to manage your finances and maintain a good social credit record using the words and expressions in this section.
Now talk about how effectively you and your partner have used the words and expressions in this section and suggest ways to improve.