econometricsn.
/ᵻˌkɒnəˈmɛtrɪks/, U.S. /əˌkɑnəˈmɛtrɪks/, /iˌkɑnəˈmɛtrɪks/ Economics.
With singular agreement. The branch of statistical theory concerned with the analysis of economic phenomena, in particular the application of statistical methods to economic data.
ΘΚΠ
society > trade and finance > management of money > management of national resources > [noun] > political economy > branches or models of
statics1848
classical economics1885
bioeconomics1913
welfare economics1920
econometry1926
econometrics1931
microeconomics1943
macroeconomics1945
development economics1959
microsimulation1966
public choice1968
1931 Science 27 Nov. 534/1 Professor Irving Fisher will speak on ‘The Scope of Econometrics’.
1954 Times Lit. Suppl. 26 Mar. Econometrics now vies with mathematical philosophy..as an exercise in formal logic.
1994 P. Ormerod Death of Econ. (1995) v. 100 Despite intensive effort, econometrics had not succeeded in resolving the various theoretical disputes.
2005 S. D. Levitt & S. J. Dubner Freakonomics p. x I just don't know very much about the field of economics... I'm not good at math, I don't know a lot of econometrics.
This entry has been updated (OED Third Edition, June 2008; most recently modified version published online March 2022).
<
n.1931