The Practical Uses of Mathematical Concepts and Principles

Mathematics can be considered as one of the most important human discoveries. As it is, everyday life would be very difficult especially in the modern era where we live in without a working knowledge of Mathematics. Whether you live on a tent in an African desert or at an upscale London neighbourhood, you will need to count on Mathematics to be able to go about your daily life. On a basic level, you will need to count your money as you:

· pay your bills or buy groceries
· divide it as you work out a budget
· estimate distances between two points so you will know how much time it will take you to get from one place to another
· when doing household chores such as painting or repairs, taking an inventory of your remaining supplies you will know whether it is time to shop for new ones

All of the above activities make use of Mathematics' basic principles of addition, division, multiplication and subtraction. If you are a student taking up studies in technical subjects such as Computers, Engineering and Architecture, you will need to study more advanced principles of Mathematics.

Perhaps the most obvious application of Mathematical principles is in business. As consumers, we need to be able to count how much money it will take to buy certain goods or services and to count the change handed down from a payment. This goes for simple cash transactions. More complicated commercial activities for a consumer include balancing checkbooks and checking whether charges on credit card statements add up. While as business managers and owners, we will make use of Mathematics to determine how we should price our goods and services, estimate how much profit we are bound to make and how much profit we are actually making taking into account the expenses we have put up as investment.

One of the most important modern devices that we have is the computer. To create it and keep it running, it has to be founded on Mathematical principles such as the binary code and the code of zero and one. Without computers, modern life would essentially shut down as we will be unable to enjoy the advantages of the Internet, cell phones, Word processors and document storage that will make our life easier.