Investor Glossary-econometricsInvestor Glossary-econometricsInvestor Glossary-econometricsInvestor Glossary-econometricsInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Econometrics

The HTML to link to this page
 

Econometrics literally means "to measure economy". Thus, econometrics is a statistical and mathematical modeling approach to the study of economics. By formulating specific equations, econometrics explicates various economic phenomena, such as the relationship between changes in the price and demand. By employing econometrics, economists are able to estimate production functions, cost functions, and other variables such industry supply and demand. In addition to determining product and income distribution in the economy, econometrics is also used to interpret other macroeconomic trends, such as business cycles and potential for growth. Econometrics enabled models help both private corporations and the government. In the government, sector econometrics is often applied to help set the fiscal and monetary policy. Economists specializing in econometrics are called econometricians.



Rate this econometrics definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, stock split, required rate of return, 144a, option premium, VIX, class C shares, implied volatility, diluted share, average price per share, APR, risk management, deferred revenue, LIBOR, limit order, deferred tax, real GDP, ex-dividend, current ratio, annual return, minority interest, 1031 exchange, stock market close, FICO score, labor relations, per diem, retained earnings, quality assurance, ex-dividend date, FTSE, debt service coverage, liquidity ratio, 401a, command economy, dividends payable, Key Rate Duration, Zero Cost Collar, irrevocable trust, balance sheet, reverse mortgage, open position, 1035 exchange, phantom income, covered put, cancelled check, in escrow, EBITDA, wholly-owned subsidiary, margin rate


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use