Analysis of Mathematical Significance in Everyday Economics: Exploration of Relevant Data and Findings

Abstract

In everyday life, mathematics is omnipresent, even if it often goes unnoticed. Its value is especially noteworthy in the economic sphere, where it is vital to prosperity in a variety of fields. From basic monetary transactions to investment strategies, mathematics is essential for success. This relevance is evident in financial decision making, which impacts individuals and society. The study focused on how mathematics intertwines with everyday finance, highlighting its influence on economic choices. Using a quantitative approach and surveys of 63 university students, it was identified that a high percentage recognize the importance of mathematics in common financial situations. It is concluded that mathematics is crucial for interpreting data, advancing technology and scientific issues, and building solid foundations in economics. A mastery of these skills provides advantages in today's competitive and dynamic financial environment. In summary, mathematics is fundamental to economic decisions and plays an essential role in shaping a successful financial future.