Unit 7 Money Matters

1. Unit 7 Money Matters

2. Warming-up Activities: Brainstorm • List words or terms closely related to the topic Money matters.

3. Tuition fee Liability Savings account Financial burden Expenditure Monetary Revolving credit Charge card Bill Make both ends meet Consumption Bank card Budget debt Taobao EBay Pay Pal

4. Warming-up Questions • 1. How much do you receive from your parents as allowance each month? • 2. Do you think a budget of money consumption will be beneficial? Why or why not? • 3. How to make a budget and make it work?

5. Reading 1 The Youth Market Just Keeps on Growing • Tasks: • 1. Finish exercise 2 on page 121; • 2. Read the text and answer questions on page 125.

6. Key for Reference • 1. Where does the money spent by North American children come from? • The money they have comes from their allowances. (para.1)

7. Many parents are just too tired when they come home at the end of the day to discuss spending with their children. In fact, today many children influence their parents’ decision about what to buy for their family. (para.1)

8. 3. Major cosmetic and clothing manufactures are producing brands that are attractive to a youth market. The music and entertainment industries have traditionally marketed their products to the young, but now even the oldest of institutions-banks-are looking to this new market.

9. 4. Some companies have Internet-only debit accounts for their young customers to use.

10. 5. Some studies show that the sooner kids learn how to budget, invest, and save money, the more successful they will be at avoiding debt later in life.

11. Reading Strategy: summary writing • Steps of summary writing • I. Read through the whole piece--carefully. Annotate (underline, highlight, asterisk, star, flag things; comment in the margins) as you read.II. When you finish, look back for the 1-2 sentences that state the author's main point. Write it/them down or place some special annotation in the margin of your book. This is the article's thesis statement. While it may appear early in the essay--the first paragraph or two (as you are taught to locate yours), it may not, in fact, be stated until the end of the piece (almost as if it were a conclusion).III. Reread the selection, dividing it into sections of thought. Each section may be one paragraph, but, more likely, each section will incorporate several paragraphs.

12. IV. Write a sentence or two summarizing each section of thought. If you have trouble doing this, you might try writing a summary sentence for each paragraph and then revising where you see yourself repeating ideas.V. Write a first draft of your summary, including the following items:A. In the first sentence or two--1. the author's name.2. the article's or chapter's name (perhaps even the magazine's or book's name in which the article or chapter appeared).3. the author's thesis statement.VI. Check your draft against the original piece for accuracy.VII. Revise the summary to "smooth out" its choppiness. In other words, link your section summary sentences together with good transitional words or phrases (like in addition, moreover, on the other hand, however, finally).VIII. Proofread and spell-check

13. Read the 4th paragraph and write a summary Practice

14. Text Study Text Structure Part 1 (1) Part 2 (2-3) Part 3 (4) Part 3 (5)

15. Part 2 (Paras. 2-3) • Para.2: Many companies are now marketing directly to young teens and pre-teens. • Para.3: The Internet is another important part of the youth market.

16. Detailed Analysis

17. 1. Have an effect on (para.1) • This may have an effect on your health.

18. 2. Profit (para.1) • 1)（财务上的）收益；利润 • Our daily profit is usually around $500. • They sold their house at a healthy profit. • 2)利益；好处 • There’s no profit in letting meetings drag on.

19. Profit v. • 1)有益 • Profit sb to do sth • It might profit you to learn about the company before your interview. • Profit by/from • There are lessons in these stories that all children can profit by. • 2)获利；赚钱 • Profit by/from • Some industries, such as shipbuilding, clearly profited from the war.

20. Influence (para.1) • 1)影响力 • There is no doubt that Bohr’s influence was immense. • 2)有影响的人或事物 • Gayle’s mother said I was a bad influence on her daughter. • V. 影响（某人/某事物）；对（某人/某事物）起作用 • What influence you to take up nursing?

21. Entertain (para.1) • 1)使某人快乐 • She entertained the children with stories, songs and drama. • 2)宴客；招待；款待某人 • Do you get an allowance for entertaining clients?

22. Account (para.2) • 1)账目；账单 • My salary is paid directly into my bank account. • 2)报告；叙述 • This gives a first-hand account of the war. • V.1)解释；说明；对……负责 • Can you account for your movements on that night? • 2)导致；产生 • Recent pressure at work may account for his behavior.

23. budget (para.4) • 预算 • The budget for photography has been cut. • The project was completed within budget. • V.编入预算 • We’ll have to budget more carefully in the future.

24. Assignment • Finish exercises on pages 125-127; • Preview reading 2 and CNN Tuning In

25. Reading 2 How Will You Be Paying • Fast Reading: • Skim the text and complete exercise I • Key for reference: • 1.N 2.Y 3.NG 4.N 5.N 6.Y 7.N • 8. 1.9percent • 9. Direct deposit of checks • 10. money managements experts

26. Apply the Strategy of Summary-writing • Read the 3rd paragraph, then write a summary. • Key for reference: • There are many advantages of using cards instead of money.

27. Language Points • 1. circulate (para.1) • 1)(使)流通，（使）循环 • Swimming helps to get the blood circulating through the muscles. • 2)（使）流传；（使）传播 • Rumors began circulating that the Prime Minister was seriously ill.

28. reserve • V. 1)预定 • I’d like to reserve a table for two. • 2)保留 • We will reserve the money, we may need it later. • n.储备（物），储备（金） • The old man kept a large reserve of firewood for cold weather.

29. Paper money wears out or is damaged over time,…(para.3) • Paraphrase: After a period of time money which is made of paper is easily damaged… • Wear out用旧；穿破（磨损） • My boots are beginning to wear out. • Wear sb out使某人精疲力竭 • All this shopping has worn us out.

30. Issue (para.4) • 1)发行，发布 • Banknotes of this design were first issued 10 years ago. • （正式）分配，发给 • Our new uniforms haven’t been issued yet. • n.1)问题；议题；争论点 • Parliament will debate the nationalization issue next week. • 2)发行物 There’s an article about Jamaica in this issue.

31. CNN Tuning In Internet Shopping

32. Assignment • Write an essay in 100 words on Shopping on the internet based on the outline given below. • Shopping on the Internet • Outline: • 1.Shopping on the Internet is very popular; • 2. the advantage of shopping on the Internet; • 3. the disadvantage of shopping on the Internet.