System of measurement

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A system of measurement is a set of related measures that are used to give a numeric value to something. A "system of measurement" is also known as a "metric".[1] There are many systems of measurement. Some systems of measurement describe physical systems. Other systems of measurement describe economic systems.[2]

The term "system of measurement" is often used in engineering application to describe a set of operational devices that take measurements.[3]

In metrology, the term "system of measurement" is often used as a synonym for system of units.[4] The international standard system is the International System of Units. Other systems in common use are the closely related United States customary units and British imperial units.

A system of measurement that describes economic systems is called an econometric system.[5] An econometric system uses quantities such as Gross domestic product and money supply to model an economic system.[6][2]

References[change | change source]

  1. "System of measurement". WordNet. Princeton University.
  2. 2.0 2.1 Fitoussi, Jean-Paul (December 2009). "The Measurement of Economic Performance and Social Progress Revistied". Paris: Centre de recherche en économie de Sciences Po. Para 18, 19, 21. Retrieved 6 March 2014. "a better measurement system ... standard metrics, like GDP"
  3. Dean (1960). "An Improved Strain-Gauge Type of Load-Cell Thrust Transducer". London: Ministry of Aviation and HMSO. Retrieved 6 March 2014.
  4. International vocabulary of metrology - Basic and general concepts and associated terms (3rd ed.). Joint Committee for Guides in Metrology. 2008.
  5. Hendry, David F (1995). Dynamic Econometrics. Oxford: Oxford University Press. p. 308. ISBN 0-19-828317-2 .
  6. Spears, Larry D. (24 February 2010). "Is it the End of Britain ... 8 Important Economic Metrics For Investors To Watch". NuWire Investor. Retrieved 5 March 2014.