| Abstract [eng] |
This paper investigated the cyclical nature of economic indicators and their relationships analysis. This is continuous of bachelor work \"Analysis of economical cycles and relationships\". Most of the problems and challenges are formulated on the basis of bachelor work also brought new problems and challenges based on other scientific literature. Firstly, method was simulated to identify the cyclical nature of the indicator. Economic cyclical process was based on heuristic methods, B-spline functions in MatLAB software. When the process noise is removed, it can be established a relationship between the ratios. The main ratios are related to the euro-area economy development. Identification of the country's gross domestic product trends and finding out in which phase of the cycle country's economy are, helps to plan finances for country‘s governments, business companies, or even the simplest family households. |
