econometrics

[ih-kon-uh-me-triks]
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.

Origin:
1930–35; see economy, metric2, -ics

econometric, econometrical, adjective
econometrician [ih-kon-uh-mi-trish-uhn] , econometrist, noun
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World English Dictionary
econometrics (ɪˌkɒnəˈmɛtrɪks)
 
n
(functioning as singular) the application of mathematical and statistical techniques to economic problems and theories
 
econo'metric
 
adj
 
econo'metrical
 
adj
 
econometrist
 
n

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Example sentences
Individuals with an interest in teaching macroeconomics and econometrics at the
  graduate level are preferred.
Fans of his econometrics lectures are so loyal that some even sent him money to
  buy a new camera to improve the image quality.
He is best remembered for helping to found econometrics.
Despite complex economic theories and cutting-edge econometrics, the forecasts
  economists make are often badly wrong.
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