AD (728x90)

Monday 10 December 2012


Share it Please
Your word for today is: econometrics, n.

econometrics, n.

Pronunciation: Brit. /ᵻˌkɒnəˈmɛtrɪks/,  U.S. /əˌkɑnəˈmɛtrɪks/, /iˌkɑnəˈmɛtrɪks/

Etymology: <  econometric adj.: see -ic suffix 2. Compare earlier econometry n.


  With sing. concord. The branch of statistical theory concerned with the analysis of economic phenomena, in particular the application of statistical methods to economic data.

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 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.

Written by

Native English Spain is dedicated to make learning English simple, fun and affordable for Spanish people.


Post a Comment

© 2013 NATIVE ENGLISH SPAIN. All rights resevered. Designed by GauravVish | Templateism