What is the meaning of ECONOMETRICS?

Literally means' economic measurement'. It is the branch of economics that applies statistical methods to the empirical study of economic theories and relationships. It is a combination of mathematical economics, statistics, economic statistics and economic theory.

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APABarry Goldsmith. (2010). econometrics. Retrieved September 23, 2026, from http://smartdefine.org/econometrics/definitions/1152678
ChicagoBarry Goldsmith. 2010. "econometrics" http://smartdefine.org/econometrics/definitions/1152678 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, econometrics, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/econometrics/definitions/1152678>.
MLABarry Goldsmith. "econometrics" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/econometrics/definitions/1152678>
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