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Using Data Mining Techniques in Economic Crisis


  • Codreanu Diana Elena

    () („Constantin Brancoveanu” University of Pitesti)

  • Popa Ionela

    () („Constantin Brancoveanu” University of Pitesti)

  • Parpandel Denisa Elena

    () („Constantin Brancoveanu” University of Pitesti)


Current economic context marked by economic crisis, has the effect of reducing costs and greater control over costs. It is a problem faced by all managers and a solution to anti-crisis measures such as using data mining techniques. Data mining or "knowledge discovery in large databases" is a set of techniques used to discover valuable information from large volumes of data unknown .Data mining techniques are used in many fields, one which lends itself particularly well to the economy. Uncertainty facing the economy makes use of data mining techniques are more important now as it assumes that there are many advantages, brings both knowledge and management level in their area of activity.

Suggested Citation

  • Codreanu Diana Elena & Popa Ionela & Parpandel Denisa Elena, 2011. "Using Data Mining Techniques in Economic Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 233-236, May.
  • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:233-236

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    More about this item


    data mining; economic crisis; information; knowledge extraction;

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • G01 - Financial Economics - - General - - - Financial Crises


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