Abstract
Computational science is simply the application of computing capabilities to the solution of problems in the real-world. It is considered as one of the five college majors on the rise. Computational science is officially listed as a new study area in the Computer Science Curricula 2013 (CS2013), by the Joint Task Force on Computing Curricula Association for Computing Machinery (ACM) and IEEE Computer Society. The authors introduced Binomial Simulation Method (BSM) as a new algorithm in the study of Computer Science. BSM is a simple and effective method to model real-world phenomena that involve up and down movements, and has been successfully used in many financial calculations. This work extends the previous study significantly with comparison with Black-Sholes and Monte Carlo simulation; it is intended to help the study of computational science in order to realize the potential power to solve more and more challenging real-world problems. We believe that it is very important to incorporate BSM into computational science education.
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Zhang, J., Shen, F. (2018). A Note on Computational Science Curriculum. In: Latifi, S. (eds) Information Technology - New Generations. Advances in Intelligent Systems and Computing, vol 738. Springer, Cham. https://doi.org/10.1007/978-3-319-77028-4_71
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DOI: https://doi.org/10.1007/978-3-319-77028-4_71
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