econometrics

[ ih-kon-uh-me-triks ]

/ ɪˌkɒn əˈmɛ trɪks /

noun (used with a singular verb) Economics.

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

Nearby words

ecology, ecomanagement, econ., econazole, econiche, econometrics, economic, economic cooperation administration, economic cycle, economic determinism, economic geography

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. 2019

British Dictionary definitions for econometrics

econometrics

/ (ɪˌkɒnəˈmɛtrɪks) /

noun

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

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