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English definition of “econometrics”

econometrics

noun [U]     /ɪˌkɒn.əˈmet.rɪks/ US  /-ˌkɑː.nə-/ specialized
the testing of the performance of economies and economic theories using mathematical methodsEconomics and the state of the economy econometric     /-rɪk/ adjective Economics and the state of the economy
(Definition of econometrics noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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