alexa

Search in IndianMoney.com

Browse by words

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Home > Financial dictionary > C > Cognitive Psychology

Cognitive Psychology

Definition of Cognitive Psychology

System of theories which states that human mental and physical activity can be explained in terms of information processing by a computer, and attempts to investigate how mind works by focusing on how organisms perceive, remember, think and learn. As an emerging discipline, it integrates ideas from fields such as artificial intelligence, epistemology, linguistics, mathematics, neuroscience, and philosophy. It maintains that (1) behavior can only be understood by studying the underlying mental processes, (2) interaction between an organism and its environment influences its behavior as well as its knowledge of the environment which affects its future response to the environment, (3) how animals behave may not be applied directly to the study of human behavior, but how machines learn may be, (4) development of learning strategies and structuring of learning environment brings understanding, (5) knowledge is not something that is acquired but something that is created by a learner based on what he or she already knows, (6) an instructor should focus on encouraging exploration and knowledge formation, development of judgment, and acquisition and organization of information by the learner. Cognitive psychology traces it roots to the observations of the Greek philosophers Socrates, Plato, and Aristotle. In modern times, it owes its development mainly to the works of the German philosopher Wilhelm Wundt (1832-1920) who believed that learning is not merely an accumulation of facts and events but occurs when understanding is achieved, his US contemporary William James (1842-1910) who developed the theory of multi-component memory and the concept of streams of consciousness, and the US psychologist Edward Chase Tolman (1886-1959) who was first to argue that cognitive processes must be studied to understand behavior. Other major contributors include Swiss researcher Jean Piaget (1896-1980) who during 1940s and 1950s studied cognitive development in children and presented theories of learning, and the German-US researcher Ulrich Neisser (1928- ) who in 1960s developed information processing models of human brain, and in 1967 wrote the first textbook on the subject (titled 'Cognitive Psychology'). See also constructivism.

You Recently Read

Financial Dictionary

What is Financial Dictionary?

Financial Dictionary is a dictionary or database that contains the meaning of all financial terms. Financial Dictionary has been created to help anyone, interested in understanding financial terms. It is extremely important to know what the financial terms mean when signing on terms and conditions. When availing financial products, you can be easily cheated if you don’t know what you have signed up for. To avoid this, you must be aware on what the terms really mean.

 

Who is this Financial Dictionary for?

We have developed this Financial Dictionary that could be used by anyone for free on our website. We have provided the meanings of almost all the financial terms along with the context in which they can be used. If you have lingering doubts on any financial term, then all you must do is log on to our website and check out the Financial Dictionary.

 

Why do you need to refer a Financial Dictionary?

If you wish to invest in the stock market, then it is extremely important to understand each and every term associated with it. A small misunderstanding can lead to huge losses in a matter of few seconds. It is only wise to know the meaning of all the terms before investing. The most comprehensive Financial dictionary covering all the financial terms. Brought to you by India's largest Free Financial Education company - IndianMoney.com.

 

What happens if I don’t refer a Financial Dictionary?

If you are planning to avail a Home Loan, then it is crucial for you to understand under what conditions your bank is sanctioning the loan. You must understand each and every term written on the loan agreement or else you will end up choosing a lender who charges high interest or with tough terms and conditions. To avoid this, just log on to our website and understand the meaning of financial terms with the Financial Dictionary.

 

Consequences of Misunderstanding a financial term

If you want to invest in a financial product, you must understand various financial terms. Not doing this could mean losses. Many financial intermediaries misguide you to make quick profits. You can avoid this by understanding financial terms and make smart investment decisions.

 

Uses of Financial Dictionary

If you are a Financial Advisor, then it is extremely important to stay updated on the latest financial terms. We at IndianMoney.com update all the new terms used in personal finance in the Financial Dictionary. You can refer and update yourself, to serve clients effectively. This is a double bonanza of increasing your efficiency and fetching clients more money.

 

How does our Financial Dictionary work?

Our Financial Dictionary has three main categories. First being ‘Most Searched Words’. These are the terms/words that are generally used in finance. You can just click on the words to know their meaning. Second category is ‘Recently Added Words’. These are the terms/words that are new to finance but have significance. Third being ‘You Recently Read’. If you have previously used our Financial Dictionary, then the words checked and their meaning would be displayed under this category.

Be Wise, Get Rich.

CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.