How do emulators work and how are they written?

Answer:Emulation is a multi-faceted area. Here are the basic ideas and functional components. I'm going to break it into pieces and then fill in the details via edits. Many of the things I'm going to describe will require knowledge of the inner workings of processors -- assembly knowledge is necessary. If I'm a bit too vague on certain things, please ask questions so I can continue to improve