what did jan tinbergen do 
jan tinbergen was a dutch economist who won the nobel prize in economic sciences his contributions of dynamic models to economic processes greatly expanded the understanding of economic policy as a tool who coined the term econometrics the norwegian economist ragnar frisch is considered to have coined the term econometrics his work focused on developing mathematical formulas to use in economics his use of the term econometrics refers to using statistics to describe economic systems 4the bottom linejan tinbergen won the nobel prize in economics sciences due to his development of dynamic models that help with the economic process he had a varied career working for the government as a professor and economic consultant around the globe his work on economic policy has helped economists aim for targets with the use of specific economic tools 