econometrics
/ɪˌkɑ.nəˈmɛt.ɹɪks/
Word Rarity
Rare
Frequency: Zipf frequency 2.53 in modern English
18
Scrabble Score
12
Letters
5
Syllables
9
Unique Chars
Meaning
noun
The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
Uncountable
Example Sentences
- "The credibility revolution in econometrics was an understandable reaction to the identification of causal mechanisms by assertion, often controversial and sometimes incredible."
- "Here is a poetic finding from econometrics: As the rich get richer, they want more from other humans, not less."
Etymology
Origin
- Source language: French
Word Breakdown
- Root: *weyḱ-, économétrie
Regional Pronunciation
- American English: /ɪˌkɑ.nəˈmɛt.ɹɪks/
- British English: /ɪˌkɒn.əˈmɛt.ɹɪks/
Usage
Derived Forms
Phrases
also coined by Frisch
Frequently Paired Words
econometric
econometrical
econometrically
econometrician
econometrist
econometry
macroeconomics
also coined by Frisch