ECONOMIC ANALYSIS OF EMPLOYMENT AND GDP IN EU COUNTRIES

Abstract

Macroeconomic policy in its development continuously
strives to explain the sustainability of links between macroeconomic
indicators. The interdependence of the most important indicators such
as employment and the macroeconomic aggregate of gross domestic
product is a constant doubt and a starting point for the formation of
all macroeconomic policies.
Bringing these indicators together permanently conditions the
development of macroeconomic policies of developed and developing
countries alike, which indirectly depend on the relations and
movements of the macroeconomic aggregates of these countries.
The European Union, as a dominant participant in the creation of the
foreign trade balance of the Republic of Serbia, is certainly a
significant economic factor, whose macroeconomic trends depend on
the relations on the domestic market.
In this paper, the use of statistical methods in the field of marginal
observation of economic phenomena will show the relationship
between employment and gross domestic product of the EU Member
States.