Unit 1 Unit Objectives Economics 1.Professional Knowledge Get acquainted with some important economic concepts(e.g.the invisible hand,signaling theory,antitrust law,comparative advantage, etc.) 2.Reading Summarize the main ideas of a text and identify essential supporting points ● Understand difficult sentences (e.g.,sentences with abstract meaning or ambiguous reference) Analyze complex or controversial issues critically (e.g.monopoly,free market vs. government regulation,etc.)Unit 1 Economics Unit Objectives 1. Professional Knowledge • Get acquainted with some important economic concepts(e.g. the invisible hand, signaling theory, antitrust law, comparative advantage, etc.) 2. Reading • Summarize the main ideas of a text and identify essential supporting points • Understand difficult sentences (e.g., sentences with abstract meaning or ambiguous reference) • Analyze complex or controversial issues critically (e.g. monopoly, free market vs. government regulation, etc.)