The Doughnut Economics

B2 – Upper Intermediate

In 1934, an American economist Simon Kuznets developed the concept of GDP. It is the monetary value of all products and services produced in a country each year. Today, it is now used as a means to measure the economic progress of a nation. Kate Raworth, an English economist, proposed a different approach in measuring and creating a better economy.

Let’s watch the video and know more about the “Doughnut Economics”.

Vocabulary Questions:

  1. What does the phrasal verb “run down” mean? “It tells us nothing about the living world, the forest and the mines that get run down in order to create this value.” Use it in your own sentence.
  2. What does “caveat” mean? Use it in a sentence.
  3. Give 1-2 synonym/s of the word “overshoot”. Use them in your own sentences.

Discussion Questions:

  1. What is the doughnut theory? How does it work and how is it different from the Peter Pan theory?
  2. Do you agree that endless growth is a sign of progress in economy? Why or why not?
  3. How can GDP alone not measure the economic progress of a country?

How Insurance Companies Make Money

B2 – Upper Intermediate

The idea behind the insurance company’s revenue model is a contract between an insurer and a person, business, or organization in which the insurer guarantees to pay a certain sum of money in the event that the insured loses a specific asset, typically due to damage, illness, or, in the case of life insurance, death.

Let’s look at how insurance businesses generate income and why risk-based revenue has been so successful over time.

Vocabulary Questions:

  1. What does the idiom “swashbuckling” mean? Use it in a sentence. “From swashbuckling pirates to ferocious fire that ravaged the world’s greatest city, insurance has had a colorful past.”
  2. What does the word “whet” mean? “If these questions whet your curiosity, then stay tuned to today’s episode.” Use it in a sentence.
  3. What does the word “gamble” mean? Use it in your own sentence. “Insurance companies make money because they evaluate the risk and decide whether it is worth the gamble.”

Discussion Questions:

  1. What are common types of insurance policies in your country?
  2. What kind of insurance do you possess?
  3. Have you had a bad experience with insurance companies?
  4. Do you believe that a person has to have every type of insurance policy?

Inflation and Interest Rates

B2 – Upper Intermediate

Based on a general correlation, interest rates and inflation are inversely correlated. Lower interest rates normally result in more inflation, whereas higher interest rates typically result in lower inflation.

Watch the video to understand the logic behind this relationship.

Vocabulary Questions:

  1. What does the idiom “rainy day” mean? Use it in a sentence.
    “They don’t go out as much, they don’t have lots of holidays, and [sic] instead put their money away for a rainy day.”
  2. What does the word “subsequent” mean?
    Subsequent supply chain problems have arisen.” Use it in a sentence.
  3. What does the word “inverse” mean? Use it in your own sentence.
    “Interest rates and inflation has an inverse relationship.”

Discussion Questions:

  1. In your own words, explain the inverse relationship between inflation and interest rates.
  2. What comes to your mind when you hear the words “inflation” and “interest rate”?
  3. Is inflation evident in your country? Cite examples of evidence.
  4. What policies has your government used to combat inflation?
  5. Has the interest rate increased in your country? How do you feel about it?

Ways to Increase Motivation and Get More Done

B2 – Upper Intermediate

Productivity largely depends on motivation because it’s challenging to complete tasks if you don’t have the desire to perform them.

However, a lot of people have trouble finding and maintaining motivation at work, which can result in a decline in productivity. How you boost motivation so that you accomplish more now presents a difficulty.

Watch this video on ways to increase motivation to get more done.

Vocabulary Questions:

  1. Give 1-2 synonyms of the word “plummet“. Use them in sentences.
    Many people struggle to get and stay motivated at work which can cause their productivity to plummet.
  2. What does the phrase “cut back” mean?
    Look for changes you can make in your daily routine to promote better sleep. These can be things such as cutting back on caffeine and powering down your devices.
  3. What does the phrase “carve out” mean? Use it in your own sentence.
    Try to carve out at least 30 minutes per day for exercise.

Discussion Questions:

  1. Are you a motivated individual? How can you say so?
  2. What do you consider to be the most crucial of the methods described in the video?
  3. What are things that motivate you?

Buy the Dip

B2 – Upper Intermediate

Purchasing an asset when its price declines, often as a result of external events, is referred to as “buying the dip” in the context of investing. In expectation of a price recovery for that asset, investors then “buy the dip.”

People may tell you to “buy the dip” while the stock market is declining. Does it, however, make sense?

Watch the video about buying the dip.

Vocabulary Questions:

  1. How do you interpret the term “blue chip” in trading?
    This is the last 12 months of a blue chip stock price.
  2. What does the idiom “bang for the buck” mean?
    Since the shares are essentially on sale, you get more bang for your buck.
  3. Use the phrase “in hindsight” in a sentence.

Discussion Questions:

  1. How do you feel about investing in the stock market?
  2. If you are a trader, would you buy the dip?
  3. Which of the investing strategies mentioned in the video would you most likely employ if you were a stock market investor?

Health News

B1 – Intermediate

The year 2022 had yet been another memorable year for all. Each industry has had their breakthroughs and outstanding developments, including, the health and medical field. Loads of life-changing progress were achieved in the health sector in the said year.

Listen to this audio and read the transcript about some advancements in the health sector for the year 2022.

https://www.newsinlevels.com/products/2022-health-news-level-3/

Vocabulary Questions:

  1. What does “to keep one’s eye on (someone/something)” mean? “A driving simulator teaches teens with ADHD to keep their eyes on the road.” Use it in your own sentence. Give a synonym.
  2. What does “glance” mean? “At the start, they averaged 22 long glances away from the road per 15-minute drive. Months later, the number dropped to about 15 long glances in the trained group.” Use it in your own sentence. Give a synonym.
  3. What does “immersive” mean? “An immersive 3D console controls the robot’s four arms in real time for complex procedures such as colorectal and gynaecological surgeries.” Use it in your own sentence. Give a synonym.

Discussion Questions:

  1. What do you think of these new technologies?
  2. Which one do you think is the most helpful and why?
  3. What other medical technologies do you know were invented in 2022? Describe them and their uses.
  4. What health device have you started using? Talk about how it helps you in your day-to-day life.

South Koreans to Become Younger

B1 – Intermediate

In South Korea, there are three different ways to tell how old they are. It is rather confusing, isn’t it? But not for long. They have a new law that can simplify age in their country. Hopefully, it will help end the confusion people have when telling their age.

Read the article to know about the new law that will make South Koreans now a year or two younger.

https://breakingnewsenglish.com/2212/221222-being-younger.html

Vocabulary Questions:

  1. What is a “lawmaker”? Use it in your own sentence.
  2. What is “military service”? Use it in your own sentence.
  3. What does “relieved” mean in this sentence, “A Korean Twitter user was relieved there is a new law to make things simpler.”? Give a synonym and also use it in your own sentence. 

Discussion Questions:

  1. In your own words, explain the three ways South Korea tell their age. What is your opinion about having 3 different ages?
  2. Do you think this new law will be helpful? Why or why not?
  3. What are the good and bad things about having 3 different ages?
  4. If you were from this country, would you continue to use the Korean age?
  5. What is the best and worst thing about your current age?

Japanese Will Never Travel Again

B1 – Intermediate

As the lockdowns end and borders reopen, people became free to travel to other countries again! You would think everyone would be excited about this.

Apparently, some Japanese think the opposite. They prefer to explore their own country and its nature instead.

Read the article to know why some Japanese do not want to travel again.

https://breakingnewsenglish.com/2301/230102-travel-plans-4.html

Vocabulary Questions:

  1. What does “lockdown” mean? Use it in your own sentence.
  2. What is a “bucket list”? Use it in your own sentence.
  3. What does “engrossed” mean? Use it in your own sentence. 

Discussion Questions:

  1. What is your opinion on this, “Almost 35 percent of Japanese people said they never wanted to leave Japan again.”?
  2. What are reasons some Japanese do not want to travel outside of their country again?
  3. How has the pandemic changed your interest in traveling?
  4. Which is better: traveling around your own country or overseas? Explain.
  5. Did you travel in a new city in your country during the pandemic? Talk about your discovery.

Metaverse to Affect the Future of Work

B2 – Upper Intermediate

Technology has come a long way compared to when it was first invented, and it keeps improving and making our lives easier and more convenient with every passing year. In recent years, a concept in technology called “the metaverse” became popular and is said to be people’s future workspace.

Read the article to learn how metaverse could change the future of work.

https://www.techtarget.com/searchcio/tip/How-will-the-metaverse-affect-the-future-of-work

Vocabulary Questions:

  1. What does “onboarding” mean? Use it in a sentence.
  2. What does “overlay” mean? Use it in a sentence.
  3. What does “galvanize” mean? Use it in a sentence.

Discussion Questions:

  1. What do you think of the metaverse?
  2. What is your opinion on the metaverse workplace?
  3. Do you think there are more advantages to it than disadvantages? Explain your point.
  4. How can the metaverse workplace be beneficial to employees and businesses alike?

Keeping New Year’s Resolutions

B2 – Upper Intermediate

A new year brings hope that we can leave the previous behind and look forward to a better one. It is also right around this time when we take the chance to also make some New Year’s resolutions.

However, be careful for this glimmer of hope not to die down along the way.

Read the article to know more on how to keep your New Year’s resolutions.

https://www.voanews.com/a/an-annual-battle-keeping-new-year-s-resolutions-/6895882.html

Vocabulary Questions:

  1. What does “set someone up for something” mean? “That feeling of hope can dissipate amid day-to-day stressors but there are ways to set goals without feeling like you’re setting yourself up for failure.” Use it in your own sentence.
  2. What does “follow through” mean? Use it in your own sentence.
  3. Give 1-2 synonyms of “endpoint”. Use them in your own sentences. 

Discussion Questions:

  1. Why might be reasons people make New Year’s resolutions? Do you make them yourself? Why or why not?
  2. Do you agree or disagree on this, “People should also reflect on their progress to see how far they’ve come rather than only focusing on the endpoint.”? Explain your point.
  3. Share your thoughts on this, “if people know why they’ve set goals, they’re more likely to reach them.”
  4. What are some things you want to change this year and why is it that you want to make said changes?
  5. How can one make sure that they follow through on their goals?