Devoting only a short chapter to the renormalization group (RG) is a challenge owing to the wealth of both fundamental concepts and computational tools associated with this term. The RG is indeed encountered in many different domains of theoretical physics, ranging from quantum electrodynamics to second-order phase transitions to fractal growth and diffusion processes – one should rather speak of renormalization groupS! We refer to Brown (1993) and Fisher (1998) for an historical account, to Goldenfeld (1992) and Lesne (1998) and references therein for an overview of the domains of application and variants of RGs.

We here emphasize that the RG is a way, maybe the most successful and with no doubt the most systematic and constructive, to derive effective low-dimensional descriptions that capture large-scale and/or long-time behavior. The RG can be extended far beyond the specific scope of critical phenomena, to an iterated multiscale approach allowing the construction of robust and minimal macroscopic models describing the universal large-scale features and asymptotics of a complex system. This generalized viewpoint brings out the close logical and even technical connections that bridge, within a unified framework, perturbative RG for singular series expansions, spin-block RG and momentum-shell RG for critical phenomena, RG for the asymptotic analysis of differential and partial differential equations, and probabilistic RG for the derivation of statistical laws and limit theorems.