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What is econometrics?

What is econometrics? Here are some definitions.

Noun
  1. (economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
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As its technical complexity has increased, knowledge of econometrics and mathematics has become necessary.
The prerequisites for this course were a solid training in mathematics and econometrics and some knowledge of basic time series analysis.
For that matter, mainstream microeconomists or game theorists might be puzzled as well, for our authors aren't really describing economics but rather econometrics.
Structural equation models were first introduced into genetics, econometrics, and social science.
In the social sciences, economics and econometrics are the most widespread and highly developed fields.
This issue has two book reviews, both concerned with econometrics and forecasting.

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