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Varvara N. Rogozhnikova The Language of Modern Economic Science: Study Approaches

DOI: 10.38050/2078-3809-2022-14-4-7-23


The language of economic science is the backbone of its theory and practice: it describes economic reality and prescribes certain actions to deal with it. In addition, language is the basis of communication between representatives of various theories and approaches within the framework of economic science, and between economists and representatives of other sciences. Therefore, the economic language must be learned. The purpose of the article is to determine the most promising approach to studying the language of economic science. Tasks of the research: 1) Define the concept of "language of economic science". 2) Compare the main approaches to learning the language of economics. 3) Determine the relationship of the language of economic science with its theory and practice. The comparative method and the systematic approach were used in the research. We have identified three main approaches to the study of economic language: terminological, economic, and philosophical. Terminology draws attention to the term as the main unit of the system of economic knowledge, economics analyzes the language as a resource, and only philosophy gives a holistic analysis of the language, highlighting its ontological and epistemological aspects, which allows us to raise the question of the nature of economic science and connect its language with the languages of other sciences.

Keywords: language of economic science, philosophy, terminology, theory and practice.

JEL: A12, B41, Z13.

For citation: Rogozhnikova, V.N. (2022) The Language of Modern Economic Science: Study Approaches. Scientific Research of Faculty of Economics. Electronic Journal, vol. 14, no. 4, pp. 7-23. DOI: 10.38050/2078-3809-2022-14-4-7-23.