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Definition of

econometrics

Economics

study of mathematical equations for representing economic relationships the branch of economics concerned with using mathematical models to describe relationships in an economy, for example, between wage rates and levels of employment

Definitions of ’econometrics’ and meaning of ’econometrics’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’econometrics’ and other financial terms with our online QFINANCE Financial Dictionary.

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