Began with the 1947 paper by John von Neumann and Herman Goldstine, "Numerical Inverting of Matrices of High Order" (Bulletin of the AMS, Nov. 1947). It is one of the first papers to study rounding error and include discussion of what today is called scientific computing.
Important for students to be familiar with effects of roundoff error
Spreadsheets are used in analysis of large amounts of data and is a tool for all commercial and governmental decision-makers.
A robust quantitative curriculum: numerical methods, introduction to computer simulation, and statistics.
“ Quantitative arguments are underpinning successful business and political decisions. Students of commerce and government must become equally skilled consumers of quantitative information.” (Deborah Hughes-Hallett, 2000)