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English definition of “econometrics”

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econometrics

noun [U]
 
 
/ɪˌkɒnəˈmetrɪks/ ECONOMICS
the part of economics that uses mathematics and statistics (= the study of the number of times something happens or is present) to understand financial and economic information: Bank research is still too often based on complex econometrics, rather than talking to poor people in poor countries.
Translations of “econometrics”
in Chinese (Traditional) 計量經濟學…
in Chinese (Simplified) 计量经济学…
(Definition of econometrics from the Cambridge Business English Dictionary © Cambridge University Press)
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