noun

econometrics

ih-kon-uh-MET-riks

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Econometrics (noun) means Econometrics is the branch of economics that applies statistical methods to the empirical study of economic theories and relationships. Example: “She used econometrics to test whether interest rates really affect spending.”

noun

academic Econometrics is the branch of economics that applies statistical methods to the empirical study of economic theories and relationships.

"She used econometrics to test whether interest rates really affect spending."

"The course covers basic econometrics alongside microeconomic theory."

"Their paper relies heavily on econometrics to support its conclusions."

How to use econometrics

Learner’s notes

In plain EnglishEconometrics is the use of statistics to test economic ideas against real-world numbers.

When to use it

This is an academic term used mainly in economics courses and research.

Memory tip

The main stress falls on the third syllable, so say it ih-kon-uh-MET-riks.

Trace the full origin ↓

Easily confused with

economics →

Common pairings

study econometrics applied econometrics econometrics course financial econometrics time-series econometrics

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C2 · Advanced serendipity Fortunate discoveries made entirely by accident.

Gen Z slang rizz Charm — the ability to attract a romantic interest.

B2 · Intermediate empathy The capacity to share another person’s feelings.

C1 · Advanced nonchalant Casually calm and relaxed; unconcerned.

Internet slang delulu Delusional — believing something against the odds.

Etymology nostalgia Greek nostos “return home” + algos “pain”.

C2 · Advanced serendipity Fortunate discoveries made entirely by accident.

Gen Z slang rizz Charm — the ability to attract a romantic interest.

B2 · Intermediate empathy The capacity to share another person’s feelings.

C1 · Advanced nonchalant Casually calm and relaxed; unconcerned.

Internet slang delulu Delusional — believing something against the odds.

Etymology nostalgia Greek nostos “return home” + algos “pain”.

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Can you complete this real example?

She used _____ to test whether interest rates really affect spending.

Etymology

Econometrics was adapted into English from the French word économétrie. It was coined by the Norwegian economist Ragnar Frisch in 1926, and can be compared with an earlier German term used in a different sense by the Polish economist Paweł Ciompa in 1910.

Origin: French

Rhymes for econometrics

obstetrics biometrics

See all rhymes for econometrics →

Frequently asked questions

What is econometrics?

It is the branch of economics that uses statistical methods to test and measure economic theories against real data.

Who coined the term econometrics?

The Norwegian economist Ragnar Frisch coined the term in 1926, adapting it from the French word économétrie.

Is econometrics the same as economics?

No. Economics is the broader subject, while econometrics is the specific branch that applies statistics to test economic ideas.

What is the meaning of econometrics?

"econometrics" (noun) means econometrics is the branch of economics that applies statistical methods to the empirical study of economic theories and relationships.