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Original Article

Reassessing the economic value of advanced level mathematics

Michael Adkins

Corresponding Author

University of Nottingham

Corresponding author. Centre for Research in Mathematics Education, School of Education, University of Nottingham, Jubilee Campus, Wollaton Road, Nottingham, NG8 1BB. E‐mail:

michael.adkins@nottingham.ac.uk

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First published: 04 February 2016
Cited by: 3

Abstract

In the late 1990s, the economic return to Advanced level (A‐level) mathematics was examined. The analysis was based upon a series of log‐linear models of earnings in the 1958 National Child Development Survey (NCDS) and the National Survey of 1980 Graduates and Diplomates. The core finding was that A‐level mathematics had a unique earnings premium of 7–10% at age 33. In recent years, this finding has contributed to the government's agenda of increasing participation in post‐16 study of advanced mathematics in England. Given that the 1958 NCDS participants are now 57 years old, this paper repeats this important work using the 1970 British Cohort Study (BCS). Updated models are used to investigate whether the A‐level mathematics premium also existed at age 34 for the 1970 BCS participants. There does appear to be a return of approximately 11% when replicating the original model closely but the robustness of this result depends on the model specification, sample size and the handling of missing data. We consider theoretical explanations of these findings and their implications for policy and future research.

Number of times cited: 3

  • , Do Advanced Mathematics Skills Predict Success in Biology and Chemistry Degrees?, International Journal of Science and Mathematics Education, (2017).
  • , The Impact of Research on Policy: A Case of Qualifications Reform, British Journal of Educational Studies, 64, 4, (449), (2016).
  • , Studying advanced mathematics in England: findings from a survey of student choices and attitudes, Research in Mathematics Education, 18, 3, (231), (2016).