THE CURRENT STATE OF THE LANGUAGE OF ECONOMICS: PROBLEMS AND SOLUTIONS

Abstract

The article deals with problems of the current state of the language of economics. Rapid changes are taking place in the economic sphere, and linguists are obliged to monitor various spheres of life in order to make the necessary changes to the language. More economic authors start using Anglicisms in their works that are not completely understandable to the speakers of the vernacular. The paper touches upon problems that complicate the understanding of the language of economics: heavy terminology; selection of an understandable functional style of speech and appropriate genres; dynamic development of the economy, reflecting global changes and requiring a corresponding change in the language of economics; a variety of economic schools and concepts. The following solutions to these problems are proposed: simplification of terminology; increase of critical thinking of the population; search for reliable sources of information; increase of motivation of scientists working to improve the language of modern economics.