Ethical Economics

Ethical Economics 道德经济学

Visual aids 视觉工具，视觉设备 • Deluxe [di’lʌks] adj.豪华的，高级的 • Cappuccino [kæpu’tʃi:nəu]卡布奇诺咖啡（热牛奶咖啡） • Caffein [‘kæfi:n]咖啡因 • Addiction 嗜好，瘾，入迷 • Disparity n. 差距 • Charities n.慈善事业，善举 • Coffee shop chains 咖啡连锁店 • Gross domestic product (GDP)国内生产总值 • Staple crop 主要作物 • Mark-up 涨价，标高售价 • Service charge 服务费 • Outgoings n.（复数）支出，开销

Precinct [’pri:sɪŋkt] 区域，分区 • Staffing cost 劳工成本 • Overheads 日常开支 • Factor v.把……作为因素计入（in）,把……作为因素排除（out） • Break-even 收支平衡，盈亏平衡 • Added costs 附加成本 • Irrespective adj.不考虑的，不顾的 • Market rates 市场价格 • Middleman 中间商 • Certification n.认证 • Marketing initiative 营销倡议 • Collapse 倒塌

Scheme 计划 • Certified 证明合格的 • International certification mark 国际认证标志 • Catalyst [‘kætlɪst] 催化剂，刺激（促进）因素 • Agriculture commodity 农业商品 • Minimum guaranteed price 最低保证价 • Social conscience [‘kɔnʃəns]社会道德心 • Ethiopia [i:θi’əupjə] 埃塞俄比亚 • Redecoration 重新装饰，再装修 • Constitute of 组成，构成 • Scandinavia [skændɪ’neɪvɪə]斯堪的纳维亚（北欧地区） • Inflated （通货）膨胀的，（价格）飞涨的

A.仅仅这一过程就使其价格增加了50% • B.在这些国家里，咖啡产品是数百万种植者的主要经济作物 • C.公平贸易体系中，唯一可以操控的是付给种植户生产咖啡豆的价格 • E.他们保证付给咖啡种植者一笔高于市场价格的价钱 • F.市政税收再加上25000英镑

P108 1 • 1.– (组织机构的名字) • 2.an 3.a（第一次提到） • 4.the 5.the（唯一的） • 6.an 7.the 8.a • 9.the（指“foundation”，唯一的） 10.–

11.2 Discussing Trends（讨论趋势）

Residue [‘rezi.dju：]残留物，残渣 • Petrol fuels 石油燃料 • Reserves 储量 • Wave power （海浪的）波力 • Nuclear power 核能 • Private sector 私有企业，私人企业 • Profit-driven 利益驱动的 • Carbon emission 二氧化碳排放 • Trade v.从事（股票等）交易 • Big-name 有名的 • E-business stock 电子商务股

Earnings n.（股票）收益 • Peak vi.& n. 达到顶峰，顶峰 • Crash vi.& n.（股市等）暴跌，崩盘，倒闭 • Ascend vi. [ə‘send]上升 • The stairs in the hotel ascend in a graceful curve. • 这个旅店的楼梯以优美的曲线上升。 • Ascent n. [ə‘sent]上升 • Descend vi.下降 • Descent n.下降 • Fluctuate v.波动

Well-founded 理由充分的，有充分事实根据的 • Government subsidies 政府补贴 • Tax credit 抵税补贴 • Residential energy 住宅建筑所需能源 • Eco-investment craze 生态投资热 • Level out 持平 • Revival 复苏 • Solar cell 太阳能电池 • Kilowatt-hour 千瓦小时 • Residential electricity 住宅用电

Writing • Reasons for: • It has a new deal with Mainline Energy worth 190 million euros • The company has over ten years’ experience in a relatively new field • The recent fall is described by many analysts as a short-term problem • It has developed a new silicon-saving technology • Reasons against: • Its recent stock price fell by half • There is a shortage of silicon

Dear Mr. Keating, • In response to your enquiry about Sungreen Power, the company seems to be performing well. • One thing to consider is their new sales agreement with Mainline Energy, worth 190 million euros. This should help their share price which recently halved. On the one hand this was caused by a shortage of silicon, but on the other hand Sungreen specialize in technology which requires less silicon.

So despite the fall, I would suggest you consider investing. The fact that solar power costs have continuously fallen since the early nineties and look set to equal normal energy costs in the next few years makes this a good invest opportunity. • Feel free to call me to discuss any further queries you might have. • Best regards.

Ethical Economics