Econometrics
Definition, Meaning & Examples
Pronunciation /ɪˌkɒn.əˈmɛt.ɹɪks/ · Part of speech noun
Quick meaning: Econometrics is a noun meaning (economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
Meaning
(economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
Example Sentences
The credibility revolution in econometrics was an understandable reaction to the identification of causal mechanisms by assertion, often controversial and sometimes incredible.
Related Words
Related dictionary entries include econometry, macroeconometrics, cliometrics, econophysics, economicology, econ.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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