different between econometrics vs economic

English

Etymology

An adaptation of the French économétrie. Coined by Norwegian economist Ragnar Frisch in 1926. Compare the earlier German Oekonometrie (now generally spelt Ökonometrie), first used (in a different sense) by Polish economist Pawe? Ciompa in 1910.

Pronunciation

• IPA^(key): /??k?n??m?tr?ks/

Noun

econometrics (uncountable)

1. (economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
   • For quotations using this term, see Citations:econometrics.

Related terms

• econometric
• econometrician
• econometrical
• econometrically
• econometrist
• econometry

Translations

See also

• econometrics on Wikipedia.Wikipedia
• macroeconomics, also coined by Frisch

Anagrams

• treeconomics

English

Alternative forms

• economick, œconomic (archaic)
• œconomick (obsolete)

Etymology

From Middle French economique, from Latin oeconomicus, from Ancient Greek ??????????? (oikonomikós, “skilled with household management”).

Pronunciation

• (Received Pronunciation) IPA^(key): /?i?k??n?m?k/
• (General American) IPA^(key): /??k??n?m?k/
• Rhymes: -?m?k

Adjective

economic (comparative more economic, superlative most economic)

1. Pertaining to an economy.
2. Frugal; cheap (in the sense of representing good value); economical.
3. Pertaining to the study of money and its movement.

Usage notes

Modern usage prefers economic when describing the economy of a region or country (and when referring to personal or family budgeting).
Economical is preferred when referring to thrift or value for money.

Derived terms

• economical
• economics

Related terms

• economise
• economize
• economic blockade
• economic warfare

Translations

Anagrams

• oncomice

Ladin

Adjective

economic m pl

1. plural of economich

Occitan

Etymology

From Latin oeconomicus.

Pronunciation

Adjective

economic m (feminine singular economica, masculine plural economics, feminine plural economicas)

1. economic

Derived terms

• economicament

Related terms

• economia

Romanian

Etymology

From French économique.

Pronunciation

• IPA^(key): /e.ko?no.mik/

Adjective

economic m or n (feminine singular economic?, masculine plural economici, feminine and neuter plural economice)

1. economic
2. economical

Declension