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Econometrics vs Mathematics - What's the difference?

econometrics | mathematics |

As nouns the difference between econometrics and mathematics

is that econometrics is the branch of economics that applies statistical methods to the empirical study of economic theories and relationships while mathematics is an abstract representational system used in the study of numbers, shapes, structure, change and the relationships between these concepts.

econometrics

English

Noun

(-)
  • (economics) The branch of economics that applies statistical methods to the empirical study of economic theories and relationships.
  • *
  • See also

    * ("econometrics" on Wikipedia) * macroeconomics, also coined by Frisch

    mathematics

    Alternative forms

    * mathematicks (obsolete)

    Noun

    (-)
  • An abstract representational system used in the study of numbers, shapes, structure, change and the relationships between these concepts.
  • * 2001 , David Salsburg, The Lady Tasting Tea: How Statistics Revolutionized Science in the Twentieth Century , page 8
  • In many cases, the mathematics involved are deep and complicated.
  • * 2002 , Ian Stewart, Does God Play Dice?: The New Mathematics of Chaos , page 38
  • The answer is 'yes', and the mathematics needed is the theory of probability and its applied cousin, statistics.
  • A person's ability to count, calculate, and use different systems of mathematics at differing levels.
  • My mathematics is not very good.
    Their mathematics are not very good.
    Their mathematics is not very good.

    Usage notes

    * Before the beginning of the 20th century, it was proper to say "My mathematics are not very good".

    Synonyms

    * (ability to use mathematics) numeracy * abbreviation: maths * See also

    Derived terms

    * applied mathematics * astromathematics * biomathematics * discrete mathematics * ethnomathematics * metamathematics * pseudomathematics * pure mathematics * recreational mathematics

    See also

    * (wikipedia "mathematics") * (Definitions of mathematics) * polymath