ECONOMETRICS

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

The application of mathematics and statistics to the study of economic and financial data

Classified under:

Nouns denoting cognitive processes and contents

Hypernyms ("econometrics" is a kind of...):

economic science; economics; political economy (the branch of social science that deals with the production and distribution and consumption of goods and services and their management)

Derivation:

econometric (of or relating to econometrics)

econometrician (an economist who uses statistical and mathematical methods)

Credits