Econometrics
Econometrics is a discipline that deals with the empirical analysis of economic(or business) relationships, helping to validate or reject of the contribution of economic or business theories, offering appropriate statistic instruments for the comparison of theoretical hypothesis and finally, specifying models which pose good predictions.
To achieve this, econometrics entails theory and data with the purpose of quantifying and explaining the economic (business or international economics) relationships, using tools provided by statistics and mathematics.