econometric modeling
Definition
Forecasting technique that uses computer processed mathematical equations (that are based on historical data and certain assumptions) to predict economic conditions. These models are employed commonly in determining the economic aspects of changes in government policies, regulatory conditions, interest rates, demographic changes, tax laws, wage levels, etc.
econometric modeling is in the Banking, Commerce & Finance, Economics, Politics, & Society and Statistics, Mathematics, & Analysis subjects.
econometric modeling appears in the definition of the following term: econometrics
This content can be found on the following page:
http://www.businessdictionary.com/definition/econometric-modeling.html
email to a friend print this definition cite this definition