Why is Ragnar Frisch the founder of econometrics?

Because he created a new theory, and has been used behind this theory, and has derived a lot of science from this theory, it is said that he is a figure of a founder in this regard.

Because his discovery opened up a new field, a new foundation, he was the founder.

Because Ragnar Forrisi opened up a new field of econometrics and laid a foundation for those who followed.

I think it's because Ragnar Frisch laid the foundations of econometrics.

Because it created a new theory, and it has been used since then.

Econometrics is a branch of Western economics about how to measure the real value of economic relations(Modern Chinese Dictionary, 6th edition of Econometrics published in June 2012) is also frequently translated into econometrics.

Lagrange Frisch (1895-1973), born March 3, 1895 in Oslo, Norway, was a pioneer in the field of mathematical economics and econometrics, focusing primarily on long-term economic policies and programs, especially those concerning developing countries. Professor Frisch developed a decision-making model for economic planningA mathematical programming method was designed to try to take advantage of modern computer technology.

In 1969,Due to the great contribution of econometrics over the past half century, especially the "development and application of dynamic models in the analysis of economic processes".The Royal Sweden Academy of Sciences awarded the first Nobel Prize in economics to Dutch economist Jane Dingbergen and Norwegian economist Lagrange Frisch.

Throughout his life, he devoted his life to the application of statistics to the study of dynamic economic theory, and achieved groundbreaking results. In the field of economics, he was the first to use equations for dynamic analysis and pioneered the creation of econometric modelsKnown as the "father of econometric models", he also proposed the famous "spider web theory" and "Tinbergen's law".

Because he pioneered the foundations of economics and provided a high theoretical basis for future generations.

The brother downstairs in my house said very well, you can give his opinion, and thank you very much for your question.

And according to this theory there is a lot of science in the province, so he is said to be on this aspect.

In 1923, Frisch began to study the measurement of utility, and in 1926 he wrote an essay on the dismantling of acres "On the Problem of Pure Economics", proposing the "equal travel car measurement method" for measuring marginal utility, and used the term "econometrics" for the first time. He believes that there are many ambiguities and ambiguities in previous economic theories, and that in order to make economics have a clear quantitative relationship, it is necessary to introduce mathematical and statistical methods into economics, so that econometrics is "the integration of mathematics, statistics and economic theory, combined with the theory and practice of studying economic behavior and phenomena".

In an editorial in the inaugural issue of the journal Econometrics, Ragnar Frisch said: "Experience has shown that statistics, economic theory, and mathematics are each a necessary but not sufficient condition for a true understanding of quantitative relations in modern economic life, and that the combination of these three is a powerful research method, and it is this combination that constitutes econometrics." ”

Frisch was a pioneer in Western economics who applied mathematical and statistical methods to the study of economic repentance, and was the founder of econometrics. He first put forward the definition of econometrics, and was the first to use econometric methods to analyze the economic fluctuations of capitalism, pioneered the mathematical model describing the economic cycle of capitalism, and was the first to distinguish the factors that cause economic fluctuations into two categories: diffusion and shock, and combined the two to explain the capitalist economic cycle, thus laying an important foundation for the contemporary bourgeois economic cycle theory. He has also made many contributions to the application of econometric theories and methods to socio-economic activities.