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Applied mathematics.

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Research Starters
  • Author(s): Renneboog, Richard M. J.
  • Source:
    Salem Press Encyclopedia of Science, 2024. 3p.
  • Subject Terms:
  • Additional Information
    • Abstract:
      Applied mathematics is the application of mathematical principles and theory in the real world. The practice of applied mathematics has two principal objectives—to find solutions to challenging problems by identifying the mathematical rules that describe the observed behavior or characteristic involved and to reduce real-world behaviors to a level of precise and accurate predictability. Mathematical rules and operations are devised to describe a behavior or property that may not yet have been observed, aiming to predict with certainty what the outcome of the behavior would be.