- the branch of economics that uses mathematical and statistical methods to understand how economic systems work. Econometrics looks at important factors, for example interest rates, levels of employment, and government policies, and tests how changes to them could affect the economy in the future— econometric adjective [only before a noun] :
• They use econometric models to search for the effects of the tax-reform law on the economy in general.
* * *econometric UK US /ɪˌkɒnəˈmetrɪk/ US /-ˌkɑːnə-/ adjective ECONOMICS► of or relating to econometrics: »
Most econometric models suggest that the immediate impact of higher oil prices tends to be relatively small.
Financial and business terms. 2012.
Look at other dictionaries:
econometric — adj. of or pertaining to econometrics; as, econometric theories. [WordNet 1.5] … The Collaborative International Dictionary of English
econometric — ECONOMÉTRIC, Ă, econometrici, ce, adj. (tehn.) De econometrie. – Din fr. économétrique. Trimis de LauraGellner, 10.06.2004. Sursa: DEX 98 econométric adj. m., pl. econométrici; f. sg. econométrică … Dicționar Român
econometric — 1933, from comb. form of ECONOMY (Cf. economy) + METRIC (Cf. metric) … Etymology dictionary
econometric — adjective Combining economics and mathematics. an econometric study See Also: econometrics, econometrician … Wiktionary
econometric — adjective of or relating to econometrics econometric theories • Pertains to noun: ↑econometrics • Derivationally related forms: ↑econometrics … Useful english dictionary
econometric — adjective see econometrics … New Collegiate Dictionary
econometric — See econometrics. * * * … Universalium
econometric — econ·o·met·ric … English syllables
Econometric software — is a statistical software that is specialised for econometric analysis. List of statistical packages used mainly for econometric analysis This is an incomplete list of software that is designed mainly for the purpose of performing econometric… … Wikipedia
Econometric model — Econometric models, are specifications of regression techniques, such as ordinary least squares, probits, logits, tobits, and linear probability models. These are used by economists to analyze correlational relationships, usually with the hope of … Wikipedia