This chapter provides the equations of mathematical model of three-phase induction electrical machine recorded in the three-phase stator reference frame. The possibilities of the proposed mathematical model are described in detail. This chapter also discusses the development of the computer model of an induction motor based on the abovementioned mathematical model. It uses an approach that allows combining during preparation the computer model dual methods: means of visual programming circuitry (in the form of electrical schematics) and logical one (in the form of block diagrams). The approach enables easy integration of the model of an induction motor as part of more complex models of electrical complexes and systems. The developed computer model gives the user access to the beginning and the end of a winding of each of the three phases of the stator and rotor. This property is particularly important when considering the asymmetric modes of operation or when powered by the special circuitry of semiconductor converters. Simulation results show the adequacy of the proposed mathematical model of induction electrical machine.