Noun econometrics has 1 sense

1. econometrics - the application of mathematics and statistics to the study of economic and financial data
   --₁ is a kind of economics, economic science, political economy
   

Econometrics

Econometrics is the application of mathematical and statistical methods to analyze economic data and make quantitative predictions or hypotheses about economic phenomena. It combines economic theory, mathematics, and statistical inference to provide insights into economic behavior and relationships.

Examples

Noun:

Studying econometrics helped me understand the relationship between GDP growth and inflation.

Econometrics can be a useful tool for forecasting economic indicators.

Adjective:

The econometric analysis provided valuable insights into the impact of interest rate changes on consumer spending.

She conducted an econometric study to examine the effects of trade policies on employment levels.

Related Amazon Products:

• Econometrics Books
• Econometrics Software
• Econometrics Courses