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econometrics

[ih-kon-uh-me-triks] /ɪˌkɒn əˈmɛ trɪks/
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.
Origin
1930-1935
1930-35; see economy, metric2, -ics
Related forms
econometric, econometrical, adjective
econometrician
[ih-kon-uh-mi-trish-uh n] /ɪˌkɒn ə mɪˈtrɪʃ ən/ (Show IPA),
econometrist, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for econometrics
  • 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.
  • econometrics are everywhere, and better techniques continually improve the toolbox.
  • The problem with macro-econometrics is that the models continually broke down out of sample.
  • econometrics hasn't made any advances in decades, and everybody's ready for a new view.
  • As elegant as modern-day econometrics has become, it is not up to the task of delivering policy prescriptions.
British Dictionary definitions for econometrics

econometrics

/ɪˌkɒnəˈmɛtrɪks/
noun
1.
(functioning as sing) the application of mathematical and statistical techniques to economic problems and theories
Derived Forms
econometric, econometrical, adjective
econometrist (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
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Word Value for econometrics

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