econometrics

American

[ih-kon-uh-me-triks] / ɪˌkɒn əˈmɛ trɪks /

noun

(used with a singular verb)

the application of statistical and mathematical techniques in solving problems as well as in testing and demonstrating theories.

econometrics British

/ ɪˌkɒnəˈmɛtrɪks, ˌiːkəˈnɒmətrɪst /

noun

(functioning as singular) the application of mathematical and statistical techniques to economic problems and theories

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

Derived Forms

Etymology

Origin of econometrics

First recorded in 1930–35; see origin at economy, metric ², -ics

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023