12 letters · 18 points in Scrabble
noun the application of mathematics and statistics to the study of economic and financial data
originAn 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 Paweł Ciompa in 1910.
Etymology from Wiktionary, CC BY-SA 3.0