Online Class Notes (Whitney) [S + W]

Next Class Focus

Finish the writing correction below.

Homework

Compare the Chinese economy with another country’s economy of your choice and write down the advantages of both.

Speaking exercise

Joan’s Dream House:
Large french windows so that in Winter, I can lie on near the window and enjoy the sunshine whilst reading books, listening to music and watching movies. I hope that its in the high floor in the building.

The view outside of such building is very nice. I can see a park its quiet and nice, not in the center of the city but the transportation in that location should be convenient.

Large verandah so that I can plant plants. Have a very comfortable sofa so that I can down and watching movies. No requests for the kitchen because I don’t like to cook. For the bathroom, I want to have a have a big bathtub and a shower because in Winter I like to put myself into the tub but in Summer I like to take a shower because its nice.

Suitable sized bedroom but the bed has to be huge. I want to have a TV on the rooftop so that I can watch TV when I lie down.

Total number of bedrooms is 3 – one for me, one for the dolls, and one for my parents/visitors.

Pronunciation

tub = tuh-ub

Vocabulary

exponential (adj)
increasing faster and faster

Economic bubble
Trade in an asset at a price that strongly exceeds the asset’s intrinsic value.
E.g. the Housing Bubble in Shanghai = houses in Shanghai are way more expensive than houses in the rest of the world.

Writing exercise

Topic: Economics

What is your opinion of China’s current economy? How long will this period of exponential growth last for and what do you think will happen when the bubble bursts?

I think China’s current economy is not very good. Because the employement pressure is high. Everyone is worried about when they will lose their job. And the quick rise of the price is also make people feel worried. The price of houses is increase for maybe 6 years. And I think I think in short time the bubble will not bursts.