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econometrics

Pronunciation: /ɪˌkɒnəˈmɛtrɪks/

Definition of econometrics

noun

[treated as singular]
  • the branch of economics concerned with the use of mathematical methods (especially statistics) in describing economic systems.

Derivatives

econometric

adjective

econometrician

Pronunciation: /-məˈtrɪʃ(ə)n/

noun

econometrist

noun

Origin:

1930s: from economy, on the pattern of words such as biometrics

econometrics in other Oxford dictionaries

Definition of econometrics in the US English dictionary

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