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Classification Structure - Subdivision 720000 - Economic Framework (See Division 2, Introduction for more information)
Subdivision 720000 - Economic Framework, covers R&D directed towards the understanding of the economic framework of development or the application of economic theory to assist development.
720200 - Microeconomic Issues 720300 - International Trade Issues 720400 - Management and Productivity Issues 720500 - Measurement Standards and Calibration Services 729900 - Other Economic Issues
This group covers R&D directed towards the understanding of economic relations at the macroeconomic level, including fiscal policy, monetary policy, exchange rates, balance of payments, income policy, taxation and other macroeconomic issues. This group has seven classes: 720101 - Fiscal policy 720102 - Monetary policy 720103 - Exchange rates 720104 - Balance of payments 720105 - Income policy 720106 - Taxation 720199 - Macroeconomic issues not elsewhere classified
This group covers R&D directed towards understanding economic relations at the microeconomic level, including effects on taxation, consumption, industrial organisations, industry policy, industry cost and structure and other microeconomic issues. This group has six classes: 720201 - Microeconomic effects of taxation 720202 - Consumption 720203 - Industrial organisations 720204 - Industry policy 720205 - Industry costs and structure 720299 - Microeconomic issues not elsewhere classified
This group covers R&D directed towards understanding issues relating to international trade, including trade policy, assistance and protection and international agreements on trade. This group has four classes: 720301 - Trade policy 720302 - Assistance and protection 720303 - International agreements on trade 720399 - International trade issues not elsewhere classified
This group covers R&D directed towards management and productivity issues. It includes R&D directed towards marketing and industrial relations. This group has five classes: 720401 - Marketing 720402 - Industrial relations 720403 - Management 720404 - Productivity 720499 - Management and productivity issues not elsewhere classified
This group covers R&D directed towards the development and provision of measurement and calibration standards or services for defence, manufacturing and the service industries. This group has four classes: 720501 - Defence standards and calibrations 720502 - Manufacturing standards and calibrations 720503 - Service industries standards and calibrations 720599 - Measurement standards and calibration services not elsewhere classified Exclusions: R&D directed towards the manufacture of scientific equipment or other instrumentation is included in Group 671400 Instrumentation.
This group covers R&D directed towards understanding other economic issues in the economic framework or towards a contribution to economic framework not elsewhere classified. This group has two classes: 729901 - Technological and organisational innovation 729999 - Economic issues not elsewhere classified
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