It is not too complicated for a freshman majoring in international economics. international economics is much more complicated in my view!
Originally Posted by vectra
But first you should have answers to some questions:
1- What is your criteria for choosing or not choosing a word for your list? Why cognition? Or why not cognition?
2- What are your resources? Which dictionaries are creditable?
3-What is your strategy for defining a word?
Concerning the third question I think it useful to determine the contexts and fields in which this term is common. Wikipedia lists some of them:
fields of linguistics, anesthesia, neurology, psychology, philosophy, anthropology, systemics, computer science and creed.
Concerning the first question I may point to a field named "cognitive economics". It might be more interesting for an economics student to learn about "cognition" by means of "cognitive economy":
"Therefore the central questions that confront economists in cognitive sceince are not onlydo humans believe in them and act upon them?"
how human beings learn and meld beliefs and preferences to reach decisions and hence the
choices that underlie economic theory but also how and why do they develop theories in the face
of pure uncertainty, what makes those theories spread amongst a population or die out, and why