# Mathematics Education as a Matter of Economy

**DOI:**https://doi.org/10.1007/978-981-287-588-4_516

## Synonyms

## Introduction

Economy is one of the modern sciences that relies on mathematics to develop its models and results. It is also one of the main pillars of the modern State. A solid grounding in mathematics is considered invaluable for understanding the complexities of real-world economic problems. The more professionals are equipped with mathematical knowledge, the better is the service they provide to the economic organization of societies. In the last four decades, however, mathematics education researchers have been calling attention to the importance of mathematically educating not only the future professionals who will use this science in their work but also *all*the students. It is assumed that people need mathematics in their daily lives to participate as actively engaged citizens. Mathematics is thus posited as a valuable resource to the social and economic progress of society. As a result, mathematics education has become...

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