Economics words (throwback)
Note: Dear Reader, we hope that you enjoy this throwback issue of Giant Mandarin. When it comes to language learning, revision is crucial. What’s more, as a passion project, throwback issues help keep the show running. Thanks for reading and we’re looking forward to bringing you new content!
Welcome to this belated issue of the Giant Mandarin newsletter. This issue is about economics.
An error on our end means that you’re receiving this newsletter this Monday instead of last Thursday. Please accept our sincere apologies for the departure from our usual schedule!
In this issue’s Elementary–Intermediate Words, we focus on essential words for talking about economics, including markets and competition, demand and supply, and consumers and firms. In Advanced Words, we focus on words for talking about economics at a deeper level, including microeconomics and macroeconomics, scarcity and efficiency, and developing and developed economies.
Finally, in Supplementary Reading we suggest an article on the question of whether or not the global economy will return to normal in 2022; a piece discussing developments in the Chinese economy; and a resource on understanding economic growth. We hope you enjoy this issue of the Giant Mandarin newsletter!
Elementary–Intermediate Words
- 经济 jīngjì - economy; economic
学 xué - field of study; to study; to learn 📚
经济学 jīngjìxué - economics
心理学 xīnlǐxué - psychology 💭
数学 shùxué - mathematics
工程学 gōngchéngxué - engineering 🛠
物理学 wùlǐxué - physics
化学 huàxué - chemistry 🧪
哲学 zhéxué - philosophy ❓
文学 wénxué - literature
历史学 lìshǐxué - history
人类学 rénlèixué - anthropology
社会学 shèhuìxué - sociology
- 市场 shìchǎng - market
- 竞争 jìngzhēng - competition; to compete
- 需求 xūqiú - demand
- 供给 gōngjǐ - supply; to supply
消费 xiāofèi - to consume
消费者 xiāofèizhě - consumer
公司 gōngsī - company
企业 qǐyè - enterprise
- 生产 shēngchǎn - production; to produce
水平 shuǐpíng - level
生活水平 shēnghuó shuǐpíng - standard of living
收入水平 shōurù shuǐpíng - income level
Advanced Words
微观 wēiguān - micro-
微观经济学 wēiguān jīngjìxué - microeconomics
宏观 hóngguān - macro-
宏观经济学 hóngguān jīngjìxué - macroeconomics
稀缺 xīquē - scarce
稀缺性 xīquēxìng - scarcity
- 效率 xiàolǜ - efficiency
- 商品 shāngpǐn - goods
- 劳务 láowù - services
- 产品 chǎnpǐn - products
发展 fāzhǎn - to develop; development
经济发展 jīngjì fāzhǎn - economic development
发展中国家 fāzhǎnzhōng guójiā - developing country
发达 fādá - developed
发达国家 fādá guójiā - developed country
危机 wēijī - crisis
经济危机 jīngjì wēijī - economic crisis
Supplementary Reading
- Will the World Economy Return to Normal in 2022?, Henry Curr, The Economist
- Is China in Big Trouble?, Paul Krugman, The New York Times
- Economic Growth, Max Roser, Our World In Data
That’s a wrap for this issue.
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Thanks for reading and sorry again about the scheduling error. See you this Thursday!
Giant Mandarin (@GiantMandarin) is written by David Wu (@davidwuio).