Mathematical literacy has received increasing attention in many countries over the last few years. This is partly driven by concerns of employers that too many students leave school unable to function mathematically at the level needed in the modern world of work. Further, it is increasingly recognised that people can only tackle many of the challenges of modern life effectively if they are mathematically literate in key areas. Planning in personal finance, assessment of risk, design in the home or on the computer screen, and critical appraisal of the flood of statistical information from advertising, politicians and the press — these are just a few of the domains where mathematics is an essential tool in sensible decision making, not just an exotic luxury. Mathematical literacy, like literacy in language, is empowering.

Mathematical literacy is essential for effective decision-making in personal finance, risk assessment, design, and critical appraisal of statistical information in modern life.

Developing Mathematical Literacy