econometer
noun as in strong fondness
Word Combinations
Example:The econometer analyzes various economic indicators to forecast the upcoming economic trends.
Definition:A statistical measure of economic performance used to predict future economic activity and evaluate the current state of the economy.
From economic indicator
Example:The econometer uses an economic model to simulate how changes in interest rates could affect unemployment rates.
Definition:A simplified framework designed to describe economic processes through a set of variables and a set of logical and/or statistical relationships between them.
From economic model
Browse