econometrics
English edit
Etymology edit
An adaptation of the French économétrie. Coined by Norwegian economist Ragnar Frisch in 1926. Compare the earlier German Oekonometrie (now generally spelt Ökonometrie), first used (in a different sense) by Polish economist Paweł Ciompa in 1910.
Pronunciation edit
- (Received Pronunciation) IPA(key): /ɪˌkɒn.əˈmɛt.ɹɪks/
- (General American) IPA(key): /ɪˌkɑ.nəˈmɛt.ɹɪks/
- (General Australian) IPA(key): /ɪˌkɔn.əˈmet.ɹɪks/
Noun edit
econometrics (uncountable)
- (economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
- For quotations using this term, see Citations:econometrics.
Related terms edit
Translations edit
branch of economics
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See also edit
- macroeconomics, also coined by Frisch
Further reading edit
- econometrics on Wikipedia.Wikipedia