The relationship among such economic forces as government policies, labor, interest rates, and capital expressed in mathematical terms derived from a computer. Through these terms, economic changes can be tested. For example, an econometric theory may study the relationship between the government's policy on agriculture and food prices. See: Economic Indicators

The application of statistical and mathematical methods in the field of economics to describe the numerical relationships between key economic forces such as capital, interest rates, and labor.

the application of mathematical and statistical models to economic theories and problems.

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.

The application of mathematics in testing economic theories.

The application of statistical and mathematical methods in the field of economics to test and quantify economic theories and the solutions to economic problems.

Mathematical methods used in analysing economic models or problems.

A branch of statistics that deals with the time series data common in economics and finance.... more on Econometrics

The quantitative examination of economic trends and relationships using statistical techniques, and the development, examination, and refinement of those techniques.

Online glossary of research economics (USA)- Peter Meyer - Northwestern University Department of Economics This searchable and browsable glossary is aimed at a higher level than most online economics glossaries. Its entries (more than a thousand) are extensively linked to research citations. There is a strong statistical/econometrics emphasis.

The use of empirical data to estimate economic relationships.

Mathematical computerized models used to illustrate the relationship between key economic conditions such as employment rates, interest rates, and government policies. It is then used to conduct analyses on various economic situations. An econometric model, for example, might be used to show the relationship between consumer spending and unemployment rates. See: Economic Indicators

The application of statistical and mathematical methods in the field of economics in testing and quantifying economic theories and the solution of economic problems.

Use of computer analysis and modeling techniques to describe in mathematical terms the relationship between key economic forces such as labor, capital, interest rates, and government policies, then test the effect of changes in economic scenarios. For instance, an econometric model might show the relationship of housing starts and interest rates.

Econometrics literally means 'economic measurement'. It is a combination of mathematical economics and statistics.