Unit 1 What is Banking?

1. Unit 1 What is Banking?

2. Skills focus Listening • preparing for a lecture • predicting lecture content from the introduction • understanding lecture organization • choosing an appropriate form of notes • making lecture notes Speaking • speaking from notes Vocabulary focus • words from general English with a special meaning in banking • prefixes and suffixes

4. 1.1 Vocabulary A Read the text. The bold words have familiar meanings in general English. What is the meaning of each word in banking? It was the last day of the holiday. Tomorrow, the new term started. Their boat was floating under the branch of a large tree. ‘We’ll have to return soon,’ said May. ‘I know, I know,’ replied Adam, ‘I’ll open the engine compartment and fix it.’ ‘Why don’t you call them?’ ‘If they have to come out, we’ll lose our deposit.’ ‘We’ll miss our train at this rate,’ said May.

5. Guessing words in context Vocabulary Bank Using related words Sometimes a word in general English has a special meaning in banking. Examples: ceiling, cap, branch If you recognize a word but don’t understand it in context, think: • What is the basic meaning of the word? • Does that help me understand the special meaning?

6. Guessing words in context Vocabulary Bank Examples: The ceiling is the highest part of a room. So the ceiling for bank interest rates must mean the highest rate.

7. rules or conditions variable, can change a local bank belonging to a large banking organization profit on money invested start, set up set for a period of time payable on demand, available when needed put money into an account price or percentage

8. 1.1 Vocabulary B Complete each sentence with one of the bold words from Exercise A. Change the form if necessary. open • A: Good afternoon. I’d like to ________ an investment account. • B: Do you want the account at this ________ ? • A: Yes, please. • B: Right. How much do you want to ________ ? • A: £20,000. What’s the best __________ I can get? • B: It depends on the ________ . Do you want your money on ________ or on a ______ term? • A: Well, I’m not sure. What’s the highest ________ I can earn? • B: Currently, the highest is a 6% fixed for two years, as opposed to the ________ rate on call. You’ll find it’s a good rate compared with other banks. • A: OK. I’ll take it. branch deposit return/rate terms call fixed rate floating

9. 1.1 Vocabulary C&D Study the words in box a and box b. suffix extra letters at the end a base word extra letters at the beginning a base word prefix

10. decelerate not de dis not discount not illiquid il PREFIX illogical il not insolvent in not in not incorrect intercontinental inter between in not inconvenient irrecoverable ir not mis do wrong misread again re refund trans across transnational

11. borrower er a person who does something inflation verb → noun ion SUFFIX financial ial noun → adjective deductible verb → adjective ible investor a person who does something or a person who does something or depositor stagnation verb → noun ion verb → noun ment payment accountability adjective → noun ity

12. ity adjective → noun ability ary noun → adjective inflationary SUFFIX able can be transferable able can be predictable ory verb → adjective supervisory ity adjective → noun capability ive verb → adjective legislative able readable can be

13. 1.1 Vocabulary E Describe the following pictures. exchange rate, depreciation of the dollar against the euro a fixed-rate, fixed-term savings bond

14. 1.1 Vocabulary E Describe the following pictures. personal cheque; an ATM screen invalid, illegibledate insufficient funds

15. 1.1 Vocabulary E Describe the following pictures. bank statement; current account; deposit

16. 1.2 Listening A You are a student in the Banking Faculty at Hadford University. 1 Write a definition of banking. 2 What other ideas will be in this lecture? Make some notes. See Skills bank.

17. Skills bank Making the most of lectures 4 Ps

18. Skills bank Before a lecture… Plan • Find out the topic of the lecture. • Research the topic. • Check the pronunciation of names and key words in English.

19. Skills bank Before a lecture… Prepare • Get to the lecture room early. • Sit where you can see and hear clearly. • Bring any equipment you may need. • Write the date, topic and name of the lecturer at the top of a sheet of paper.

20. Skills bank During a lecture… Predict • Listen carefully to the introduction. Think: What kind of lecture is this? • Write an outline. Leave space for notes. • Think of possible answers/solutions/effects, etc., while the lecturer is speaking.

21. Skills bank During a lecture… Produce • Write notes/copy from the board. • Record sources – books/websites/names. • At the end, ask the lecturer/other students for missing information.

22. 1.2 Listening B Listen to Part 1 of the talk. Which heading below bestdescribes this part of the talk? Tick the best choice. a Money-lending services ____ b The history of banking ____ c The origins of English words in banking ____ d Buildings where banking services are provided ____ √ 请将本单元的音频和此PPT放在一个单独的文件夹内，点击小喇叭即可播放音频。（下同）

23. 1.2 Listening C In Part 2 of the talk, the lecturer defines a bank.Which do you think is the best definition? Listen and tick the definition chosen by the lecturer. a It is not a financial institution. ____ b It is a government authority. ____ c It is a service organization. ____ d It is a government-licensed organization. ____ √

24. 1.2 Listening D In Part 3 of the talk, the lecturer describes different types of bank. Listen and make notes.

25. 1.2 Listening E In the final part of the talk, the lecturer gives adefinition of banking and some examples. Listen and mark each word in the box D if it is part of a definition and E if it is part of an example. banking services ____ financial instruments ____ national legislation ____ mortgages ____ pension funds ____ share certificates ____ time deposits ____ D D D E E E E

26. 1.2 Listening F Write a definition of banking. Banking is the management of money and financial instruments which takes place under national legislation.

27. 1.2 Listening G Look back at your notes from Exercise A. Did you predict: • the main ideas? • most of the special vocabulary?

28. A In the context of banking, what can you … money, a cheque interest rates, terms, exchange rates 1.3 Extending skills terms (e.g., a loan), interest rates, overdraft facilities money (e.g., from deposit to current account) a cheque, a loan a (share) certificate, a cheque (book), a bond

29. B How can you organize information in a lecture? Match the beginnings and endings. question and contrast problem and definition 1.3 Extending skills classification and disadvantages advantages and effect comparison and events cause and supporting information sequence of process stages of a solution theories or opinions then answer

30. Skills bank Making perfect lecture notes two columns advantages and disadvantages pros cons spidergram cause and effect classification and definition tree diagram comparison and contrast table

31. Skills bank Making perfect lecture notes table facts and figures 18th 19th 1920 timeline sequence of events flowchart stages of process question and answer headings and notes

32. E Listen to five lecture introductions. Choose a possible way to take notes from Exercise C in each case. Example You hear: Today we’re going to look at key developments in establishing a global monetary standard over the last 200 years or so. You choose: timeline 1.3 Extending skills

33. E Listen to five lecture introductions. Choose a possible way to take notes from Exercise C in each case. Lecture 1 Lecture 2 Lecture 3 Lecture 4 Lecture 5 two-column table (advantages and disadvantages) table (comparison and contrast) 1.3 Extending skills headings and notes (numbered notes or question and answer) timeline (sequence of events) flowchart (stages of a process)

34. A Study pictures 1-5. What do they show? Match the following words. • a From an ATM, clients can access their accounts at any time, on any day of the week. ______ • b The gold standard defined a national currency in terms of a fixed weight in gold. _____ • c Electronic machines are used to verify money, that is, check it for counterfeit notes. _____ • d The US dollar, euro, pound sterling and Japanese yen are all hard currencies. _____ • e Commercial banks today provide their clients with mortgage finance and loans for other consumer goods. _____ 5 1.4 Extending skills 1 3 2 4

35. B Listen to the lecture introductions from lesson 1.3 again. Make an outline of your notes. Lecture 1 Lecture 2 Lecture 3 Lecture 4 Lecture 5 1.4 Extending skills C Look at your outline for each lecture. What do you expect the lecturer to talk about in the lecture? In what order?

36. D Listen to the next part ofeach lecture. Complete your notes. Lecture 1 Lecture 2 Lecture 3 Lecture 4 Lecture 5 1.4 Extending skills

37. E Uncover the opposite page. Check your notes against the model notes. Are yours the same or different? 1.4 Extending skills F Work in pair. 1 Use the notes on the opposite page. Reconstruct one lecture. 2 Give the lecture to another pair.

38. Tips for Reference 1.1 Vocabulary部分，可以先让学生课前通过查阅词典完成A、B、C、D的练习；课堂上讲解vocabulary bank中的“Guessing words in context”技能；E部分的图片可以请学生课堂讨论。 1.2 Listening部分，按次序听完，并将skills bank中“Making the most of lectures”技能融入听力训练中。 1.3 Extending skills部分，重点讲解如何通过学术讲座的开头介绍，设计笔记的类型。 1.4 Extending skills部分，可以作为学生课后操练的练习；由学生听完整的讲座内容，并做好笔记；课堂上请学生根据笔记复述内容。

39. 谢谢欣赏！