Computational mathematics involves mathematical research in areas of science where computing plays a central and essential role, emphasizing algorithms, numerical methods, and symbolic methods. Computation in the research is prominent.[1] Computational mathematics emerged as a distinct part of applied mathematics by the early 1950s. Currently, computational mathematics can refer to or include:
use of mathematics in economics,finance and to certain extents of accounting i.e. use of differential and integral calculus(newton's method) and financial maths to solve real life problems.
^Future Directions in Computational Mathematics, Algorithms, and Scientific Software, Report of panel chaired by R. Rheinbold, 1985. Distributed by SIAM.
Cucker, F. (2003). Foundations of Computational Mathematics: Special Volume. Handbook of Numerical Analysis. North-Holland Publishing. ISBN 978-0-444-51247-5.
Harris, J. W.; Stocker, H. (1998). Handbook of Mathematics and Computational Science. Springer-Verlag. ISBN 978-0-387-94746-4.