Update : November 14, 2022

A Physical Model is usually a scaled down version of a real-life entity.

In our younger days, some schools and universities had Aero-modeling clubs.
Ko Eddie (Edward Teoh, M64) helped run the Aero-modeling club.

A Mathematical Model is a representation of an idea, concept, theory using Mathematics.
It could be a simple equation (e.g. F = ma), a system of equations (linear, non-linear, differential, partial differential, …) or much more.

A Computational Model leverages the power of computers.

Many traditional subjects now have Computational aspect (or branch).
Example : Computational Biology

Models include

• Probabilistic Model
• Stochastic Model
• Simulation Model (e.g. Discrete Event Simulation)
• Neural Networks
• Econometric Model