2 Added explanation
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Explanation en routeThis solution makes use of arrays and recursion.

?si          # Take input from stdin and store it in register `i'
2sa          # Initialise register `a' with 2, since we'll be putting in the first
             #   two values in the sequence
1dd2         # Stack contents, top-down: 2 1 1 1
:a           # Pop index, then pop value: Store 1 in a[2]
:a           # Ditto:                     Store 1 in a[1]
[            # Open macro definition
 la 1+ dsa   # Simple counter mechanism: Increment a and keep a copy on stack

# The STACK-TRACKER(tm): Top of stack will be at top of each column, under the
#   dashed line. Read commands from left to right, wrapping around to next line.
#   This will be iteration number n.
  dd   1-    ;a       -          ;a            la            d          
#-----------------------------------------------------------------------
# n    n-1   a[n-1]   n-a[n-1]   a[n-a[n-1]]   n             n          
# n    n     n        n          n             a[n-a[n-1]]   n          
# n    n     n                                 n             a[n-a[n-1]]
#                                                            n          
#                                                                       

  2-            ;a            -             ;a            +      r    :a
#-----------------------------------------------------------------------
# n-2           a[n-2]        n-a[n-2]      a[n-a[n-2]]   a[n]   n      
# n             n             a[n-a[n-1]]   a[n-a[n-1]]   n      a[n]   
# a[n-a[n-1]]   a[n-a[n-1]]   n             n                           
# n             n                                                       

 li;a        # Load index of target element, and fetch that element's current value
             #    Uninitialised values are zero
 0=A         # If a[i]==0, execute A to compute next term
]dsAx        # Close macro definition, store on `A' and execute
li;a         # When we've got enough terms, load target index and push value
f            # Dump stack (a[i]) to stdout

Explanation en route.

This solution makes use of arrays and recursion.

?si          # Take input from stdin and store it in register `i'
2sa          # Initialise register `a' with 2, since we'll be putting in the first
             #   two values in the sequence
1dd2         # Stack contents, top-down: 2 1 1 1
:a           # Pop index, then pop value: Store 1 in a[2]
:a           # Ditto:                     Store 1 in a[1]
[            # Open macro definition
 la 1+ dsa   # Simple counter mechanism: Increment a and keep a copy on stack

# The STACK-TRACKER(tm): Top of stack will be at top of each column, under the
#   dashed line. Read commands from left to right, wrapping around to next line.
#   This will be iteration number n.
  dd   1-    ;a       -          ;a            la            d          
#-----------------------------------------------------------------------
# n    n-1   a[n-1]   n-a[n-1]   a[n-a[n-1]]   n             n          
# n    n     n        n          n             a[n-a[n-1]]   n          
# n    n     n                                 n             a[n-a[n-1]]
#                                                            n          
#                                                                       

  2-            ;a            -             ;a            +      r    :a
#-----------------------------------------------------------------------
# n-2           a[n-2]        n-a[n-2]      a[n-a[n-2]]   a[n]   n      
# n             n             a[n-a[n-1]]   a[n-a[n-1]]   n      a[n]   
# a[n-a[n-1]]   a[n-a[n-1]]   n             n                           
# n             n                                                       

 li;a        # Load index of target element, and fetch that element's current value
             #    Uninitialised values are zero
 0=A         # If a[i]==0, execute A to compute next term
]dsAx        # Close macro definition, store on `A' and execute
li;a         # When we've got enough terms, load target index and push value
f            # Dump stack (a[i]) to stdout
1
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dc, 62 bytes

?si2sa1dd2:a:a[la1+dsadd1-;a-;alad2-;a-;a+r:ali;a0=A]dsAxli;af

Explanation en route.