section_path: In various fields/Psychology
section_name: Psychology
paragraph_text: Psychology
  
  The psychology of arithmetic is interested in how humans and animals learn about numbers, represent them, and use them for calculations. It examines how mathematical problems are understood and solved and how arithmetic abilities are related to perception, memory, judgment, and decision making. For example, it investigates how collections of concrete items are first encountered in perception and subsequently associated with numbers. A further field of inquiry concerns the relation between numerical calculations and the use of language to form representations. Psychology also explores the biological origin of arithmetic as an inborn ability. This concerns pre-verbal and pre-symbolic cognitive processes implementing arithmetic-like operations required to successfully represent the world and perform tasks like spatial navigation.
  
  One of the concepts studied by psychology is numeracy, which is the capability to comprehend numerical concepts, apply them to concrete situations, and reason with them. It includes a fundamental number sense as well as being able to estimate and compare quantities. It further encompasses the abilities to symbolically represent numbers in numbering systems, interpret numerical data, and evaluate arithmetic calculations. Numeracy is a key skill in many academic fields. A lack of numeracy can inhibit academic success and lead to bad economic decisions in everyday life, for example, by misunderstanding mortgage plans and insurance policies.