DEFINITION of 'Econometrician '
A person who uses statistics and mathematics to study, model and predict economic principles and outcomes. Econometricians use statistical measures and mathematical formulas to produce objective results in the study of economics.
INVESTOPEDIA EXPLAINS 'Econometrician '
An econometrician is a type of economist who integrates statistics and mathematics into economic analysis. Econometricians use highly specialized math and statistics to generate quantifiable results. Individuals employed as econometricians typically have advanced degrees in statistics and/or economics, although some universities do offer specific degrees in econometrics.
RELATED TERMS

Keynesian Economics
An economic theory of total spending in the economy and its effects ... 
Economist
An expert who studies the relationship between a society's resources ... 
Statistics
A type of mathematical analysis involving the use of quantified ... 
Economics
A social science that studies how individuals, governments, firms ... 
Neoclassical Economics
An approach to economics that relates supply and demand to an ... 
Altman ZScore
The output of a creditstrength test that gauges a publicly traded ...
RELATED FAQS

What is a "linear" exposure in Value at Risk (VaR) calculation?
A linear exposure in the valueatrisk, or VaR, calculation is represented by positions in stocks, bonds, commodities or ... Read Full Answer >> 
What is the criteria for a simple random sample?
Simple random sampling is the most basic form of sampling and can be a component of more precise, more complex sampling methods. ... Read Full Answer >> 
What are some examples of ways that sensitivity analysis can be used?
Sensitivity analysis is an analysis method that is used to identify how much variations in the input values for a given variable ... Read Full Answer >> 
How is the 8020 rule (Pareto's Principle) used in macroeconomics?
The 8020 rule was first used in macroeconomics to describe the distribution of wealth in Italy in the early 20th century, ... Read Full Answer >> 
What are some of the uses of the coefficient of variation (COV)?
In statistics, the coefficient of variation (COV) is a simple measure of relative event dispersion. It is equal to the ratio ... Read Full Answer >> 
What is the difference between systematic sampling and cluster sampling?
Systematic sampling and cluster sampling differ in how they pull sample points from the population included in the sample. ... Read Full Answer >>
Related Articles

Fundamental Analysis
How Influential Economists Changed Our History
Find out how these five groundbreaking thinkers laid our financial foundations. 
Economics
Adam Smith: The Father Of Economics
This free thinker promoted free trade at a time when governments controlled most commercial interests. 
Economics
The Uncertainty Of Economics: Exploring The Dismal Science
Learning about the study of economics can help you understand why you face contradictions in the market. 
Options & Futures
Why Wages Stick When The Economy Shifts
Even economists can't agree on the impact (or even existence) of wage stickiness. So, how does it affect you? 
Bonds & Fixed Income
Can Keynesian Economics Reduce BoomBust Cycles?
Learn about a British economist's proposed solution to a common economic problem. 
Investing
The Strong Dollar’s (Real) Toll On Tech Stocks
A large portion of U.S. technology companies’ sales occur overseas, given the strong international business and consumer demand from many U.S. tech firms. 
Fundamental Analysis
How to Calculate a Coverage Ratio
In broad terms, the higher the coverage ratio, the better the ability of the enterprise to fulfill its obligations to its lenders. 
Fundamental Analysis
Calculating the HerfindahlHirschman Index (HHI)
The HerfindhalHirschman Index, (HHI) is a measure of market concentration and competition among market participants. 
Fundamental Analysis
Calculating Net Interest Margin
Net interest margin is a metric used to measure the effectiveness of a company’s investment decisions, particularly financial institutions. 
Economics
Why The U.S. Economy Is Ready For Liftoff
Though the U.S. economy is once again underperforming expectations, as it has for the past five years, the economy is ready for a (Fed) interest rate hike.