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econometrics

[ih-kon-uh-me-triks]
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noun (used with a singular verb) Economics.
  1. the application of statistical and mathematical techniques in solving problems as well as in testing and demonstrating theories.
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Origin of econometrics

First recorded in 1930–35; see origin at economy, metric2, -ics
Related formse·con·o·met·ric, e·con·o·met·ri·cal, adjectivee·con·o·me·tri·cian [ih-kon-uh-mi-trish-uh n] /ɪˌkɒn ə mɪˈtrɪʃ ən/, e·con·o·met·rist, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for econometric

Historical Examples

  • Wide use is to be made of econometric models in the search for optimal solutions.

    Area Handbook for Bulgaria

    Eugene K. Keefe, Violeta D. Baluyut, William Giloane, Anne K. Long, James M. Moore, and Neda A. Walpole


British Dictionary definitions for econometric

econometrics

noun
  1. (functioning as singular) the application of mathematical and statistical techniques to economic problems and theories
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Derived Formseconometric or econometrical, adjectiveeconometrist (ˌiːkəˈnɒmətrɪst), noun
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

Word Origin and History for econometric

adj.

1933, from comb. form of economy + -metric.

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Online Etymology Dictionary, © 2010 Douglas Harper