Abstract
Background: The urgent problem of nowadays confronted by Ukrainian higher educational institutions is to prepare high-proficiency specialists with a good knowledge of professional English for different branches of economy. According to the cognitive approach, learning a foreign language is a conscious process that enables students to understand, learn and retain information in the long-term memory. Teaching professional terms to the students of economics with the help of cognitive methods is very important in studying English for professional purposes. Purpose: The aim of thearticle is to analyze the most effective methods of teaching new vocabulary, based on cognitive approach, and use them as a basis for the original system of exercises for teaching economic terms. Results: Cognitive approach to vocabulary teaching emphasizes explicit teaching of not only new words meanings but also developing metacognitive strategies that will help students work with unfamiliar words. Classroom vocabulary teaching activities are explicit in nature. The most effective vocabulary teaching strategies encompass building a large sight vocabulary, integrating new words with the old, providing a number of encounters with the new vocabulary, promoting a deep level of processing, using a variety of techniques and encouraging independent learner strategies. Implicit vocabulary teaching emphasizes the development of independent learner strategies for identifying, understanding and retaining new words in the long-term memory. One of the most effective methods of teaching economic terms is qualia structure that reveals the protean properties of the concept. Discussion: Explicit together with implicit methods of teaching vocabulary as the elements of cognitive approach could be used as a basis for the system of exercises for teaching students economic terms. We plan to develop a model of an educational process for teaching economic terms based on the principles of cognitive approach.
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