Looking for the meaning of the word ECONOMETRICS in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of ECONOMETRICS with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Econometrics
Speech Type: Noun
Etymology:
1930s: from economy, on the pattern of words such as biometrics
Audio Pronunciation:
Phonetic Spelling:
ɪˌkɒnəˈmɛtrɪks
Dialects: British English
Definition:
the branch of economics concerned with the use of mathematical methods (especially statistics) in describing economic systems.
Short Definition:branch of economics concerned with use of mathematical methods in describing economic systems
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