Second listening:listen for specific information In this part the teacher has great freedom and flexibility to ask students questions,to clarify any difficult language points,to add in supplementary materials as background knowledge or in-depth understanding of the listening materials. Notice the following expressions. record surpluses,underlying structural factors,demographic trends,dearer,dampen,trim,cooling, jam,equilibrating force,curb,anchor,service,broken circuit,sluggish,sprinters,arguably Ask students to do the T/F exercises.Ask them why the statements are true or false.. Ask students to answer the questions and make comments. Third listening:sentence imitation Ask students to use the following active vocabularies to form sentences as what they have heard from listening(Dictate then remember). 1.record surpluses--America's current-account deficit is forecast to widen to over $800 billion this year,while Germany,Japan and China look set to run record surpluses. 2.underlying structural factors--Many economists try to explain these trends in terms of underlying structural factors,such as differences in demographic trends or productivity growth 3.demographic trends--Many economists try to explain these trends in terms of underlying structural factors,such as differences in demographic trends or productivity growth 4.dearer--Dearer money then helps to dampen domestic spending and thus trim the external deficit. 5.dampen--Dearer money then helps to dampen domestic spending and thus trim the external deficit. 6.trim--Dearer money then helps to dampen domestic spending and thus trim the external deficit 7.cooling--Real bond yields rose,cooling domestic demand. 8.jam--This time,however,the adjustment mechanism has jammed. 9.equilibrating force--Patrick Artus,chiefeconomist at IXIS,a French investment bank,points to the disappearance of another equilibrating force that would normally help to correct financial imbalances. 10.curb--In the past,a rapid rise in consumer borrowing and spending would cause a central bank to push up interest rates to curb inflation. 11.anchor--Inflationary expectations are well anchored thanks to the credibility of central banks. 12.service--As a result,central banks have been able to hold interest rates below the growth in nominal GDP(the income from which debts must be serviced)for a prolonged period. 13.broken circuit--A third broken circuit is that between interest rates and growth 14.sluggish --Sluggish economies with low inflation require lower real interest rates than economic sprinters 15.sprinters--Sluggish economies with low inflation require lower real interest rates thanSecond listening: listen for specific information In this part the teacher has great freedom and flexibility to ask students questions, to clarify any difficult language points, to add in supplementary materials as background knowledge or in-depth understanding of the listening materials. ‹ Notice the following expressions. record surpluses, underlying structural factors, demographic trends, dearer, dampen, trim, cooling, jam, equilibrating force, curb, anchor, service, broken circuit, sluggish, sprinters, arguably Ask students to do the T/F exercises. Ask them why the statements are true or false.. Ask students to answer the questions and make comments. Third listening: sentence imitation Ask students to use the following active vocabularies to form sentences as what they have heard from listening (Dictate then remember). 1. record surpluses -- America's current-account deficit is forecast to widen to over $800 billion this year, while Germany, Japan and China look set to run record surpluses. 2. underlying structural factors -- Many economists try to explain these trends in terms of underlying structural factors, such as differences in demographic trends or productivity growth. 3. demographic trends -- Many economists try to explain these trends in terms of underlying structural factors, such as differences in demographic trends or productivity growth. 4. dearer -- Dearer money then helps to dampen domestic spending and thus trim the external deficit. 5. dampen -- Dearer money then helps to dampen domestic spending and thus trim the external deficit. 6. trim -- Dearer money then helps to dampen domestic spending and thus trim the external deficit. 7. cooling -- Real bond yields rose, cooling domestic demand. 8. jam -- This time, however, the adjustment mechanism has jammed. 9. equilibrating force -- Patrick Artus, chief economist at IXIS, a French investment bank, points to the disappearance of another equilibrating force that would normally help to correct financial imbalances. 10. curb -- In the past, a rapid rise in consumer borrowing and spending would cause a central bank to push up interest rates to curb inflation. 11. anchor -- Inflationary expectations are well anchored thanks to the credibility of central banks. 12. service -- As a result, central banks have been able to hold interest rates below the growth in nominal GDP (the income from which debts must be serviced) for a prolonged period. 13. broken circuit -- A third broken circuit is that between interest rates and growth 14. sluggish -- Sluggish economies with low inflation require lower real interest rates than economic sprinters 15. sprinters -- Sluggish economies with low inflation require lower real interest rates than