English Terminology for Economics I and II - Instructor: Alexandra Lotsari-Groumpou

Department of Economics

English Terminology  for Economics



An intermediate (FCE) level of the English language is required  in order  to successfully attend  and  receive a passing grade  for the course. Proficiency owners are not exempt from the course.

Objectives and content:

The aim of  the course is to further develop  what was learnt in   the  English Language course of the first semester . Students will advance  their English language comprehension in the field of  Economics. They will analyze economics  texts from  Economics  related university textbooks and  periodicals. In the  last lessons of the course general rules of academic and economics writing are taught by analyzing the structure of published economic articles. Selected texts are mostly drawn from Macroeconomics.

Topics include:

Objectives of Macroeconomics: Terms and definitions

The use of metaphor  in  the language of economics

The tools of macroeconomic policy

Expressing cause and effect in the language of economics

The national income and product accounts

Measuring economic activity

Final goods and services

Aggregate supply and demand

Consumption and investment

Business cycles

Banks and the supply of money

International and domestic trade

Reporting what others say- Writing reports in economics

Reading and understanding the structure of  published  papers in economics

Writing economics:- The economic approach

Students   practice listening comprehension and note taking by attending  lectures on macroeconomics (e-lessons) given at Departments of Economics of well known English speaking Universities. The material of these lectures is included in the final exam .


At the end of the course students should be able to comprehend advanced level economic language used in textbooks and periodicals, take  lecture notes , they should also  have enriched their  economics  terminology and language skills to a proficient level..

Learning Tools:

All learning material can be found  in e-class:



The final grade is based on the final exam consisting of  different  kinds of questions such as: true/false statements , multiple choice questions, cloze passages, term definitions,  text  comprehension  and  vocabulary questions   and  a   short  essay  question.

Regular attendance is taken into consideration. There is also the possibility of an optional assignment for final grade improvement. The topic of the optional assignment is decided after consultation with the teacher and it should be chosen within the sphere of the student’s own scientific interests.