Teaching Procedures
Periods 1-2 Reading A
1. Introduction to Unit field work and lead-in to Reading A 10 min.
a. Describe a situation in which securities issue is involved and assign the field work project by saying, for example:
Hello, class. Suppose you were graduating from college very soon and wanted to start your own business. Now, you are badly in need of a sum of money to finance your start. Well, this is the background for your field work project of this unit. Please work with your group members and design a plan to get finance. As usual, you have about two weeks to do this project. And there is the in-class presentation, of course.
b. Ask students to:
- search the library or the Internet for information about securities management;
- make a list of questions and use them to interview a stock market professional;
- write a report about your group work and prepare for an in-class presentation.
c. Lead in to Reading A by saying, for example:
As the first step of your field work project, you may get some basic ideas about securities management by going through Reading A.
2. Pre-reading activities 10 min.
Activity 1 Brainstorming
a. Students work with partners and list some words relevant to “Securities Management”
b. Invite some students to give their list and provide the suggested list below if necessary:
Finance, creditor, profitable, securities, trade, the stock market, exchange...
3. In-reading activities 50 min.
Activity 1 Individual work: finding out the difficulties
a. Students read the text with attention to possible language difficulties and special terms.
b. Students raise questions concerning the difficulties found while reading.
c. Encourage students to join in the explanation of difficult points.
d. Then ask some more questions relevant to the paragraphs.
Paragraph one:
- What does “claim” refer to here?
Paragraph two:
- Who can get more money, the stockholders or the bondholders? Why?
Paragraph three:
- What does “its” refer to?
Paragraph four:
- What are the two well-known stock indexes?
d. Comment on students’ performance.
Activity 2 Pair work: reviewing the expressions
a. Students work in pairs with one reading out language points or special terms and the other making a sentence, paraphrasing or translating.
b. Monitor the work and provide help if necessary.
Activity 3 Group work: getting the ideas
a. Students work in groups to discuss
- what the difference between bonds and stocks is.
b. Group representatives report about their work.
c. Invite peer comment and give feedback.
Possible difficulties in Reading A
- …therefore, a claim to the profits that the firm makes.
claim vt.
a) to demand or ask for as one's own or one's due; assert one's right to
e.g. claim a reward.
b) to take in a violent manner as if by right
e.g. a hurricane that claimed two lives.
c) to state to be true, especially when open to question; assert or maintain
e.g. He claimed he had won the race; a candidate claiming many supporters.
d) to deserve or call for; require
e.g. problems that claim her attention.
e) n. a demand for something as rightful or due
e.g. He had a strong legal claim to the property.
- When Intel wants to borrow money to finance the construction of….
finance: vt.
a) To provide or raise the funds or capital for
e.g. To financed a new car factory.
b) To supply funds to:
e.g. to finance a daughter through law school
- ..the stockholders enjoy the benefits of these profits,…
benefit n.
a) something that promotes or enhances well-being; an advantage
e.g. It is said Yogo is of great benefit to human health.
I did it for his benefit.
b) a payment made or an entitlement available in accordance with a wage agreement, an insurance policy, or a public assistance program
e.g. A five-day week benefits more than individually and e
4. Post-reading activities 30 min.
Activity 1 Individual work: reviewing the ideas
a. Students read the passage again and point out the main idea of each paragraph.
b. Invite some students to present their work.
c. Give comments and refer them to exercise I for the topic sentences of some paragraphs.
5. Assignment
a. Students finish exercises III-VIII based on what they have learned in Reading A.
b. Students preview Reading B.
c. Students spare some time for the field work project.
