Econometrics Definition
ĭ-kŏnə-mĕtrĭks
noun
The use of mathematical and statistical methods in the field of economics to verify and develop economic theories.
Webster's New World
Origin of Econometrics
econo(my) + -metrics. Although the first known use of the term was by Pawel Ciompa in 1910, Ragnar Frisch is given credit for coining the term in the sense that it is used today.
From Wiktionary
econo(mics) –metrics
From American Heritage Dictionary of the English Language, 5th Edition
Econometrics Is Also Mentioned In
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