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1297.0 - Australian Standard Research Classification (ASRC), 1998  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 28/08/1998   
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Classification Structure - Subdivision 720000 - Economic Framework

(See Division 2, Introduction for more information)

GroupClass
      Title

720100
      Macroeconomic Issues
720101
      Fiscal policy
720102
      Monetary policy
720103
      Exchange rates
720104
      Balance of payments
720105
      Income policy
720106
      Taxation
720199
      Macroeconomic issues not elsewhere classified
720200
      Microeconomic Issues
720201
      Microeconomic effects of taxation
720202
      Consumption
720203
      Industrial organisations
720204
      Industry policy
720205
      Industry costs and structure
720299
      Microeconomic issues not elsewhere classified
720300
      International Trade Issues
720301
      Trade policy
720302
      Assistance and protection
720303
      International agreements on trade
720399
      International trade issues not elsewhere classified
720400
      Management and Productivity Issues
720401
      Marketing
720402
      Industrial relations
720403
      Management
720404
      Productivity
720499
      Management and productivity issues not elsewhere classified
720500
      Measurement Standards and Calibration Services
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
729900
      Other Economic Issues
729901
      Technological and organisational innovation
729999
      Economic issues not elsewhere classified

Definitions

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.

This subdivision includes R&D directed towards understanding macroeconomic, microeconomic, international trade, management and productivity issues.

It also includes R&D directed towards developing measurement standards and calibrations services which make a contribution to economic framework. This subdivision has six groups:

    720100 - Macroeconomic Issues
    720200 - Microeconomic Issues
    720300 - International Trade Issues
    720400 - Management and Productivity Issues
    720500 - Measurement Standards and Calibration Services
    729900 - Other Economic Issues

      Group 720100 - Macroeconomic 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
      Group 720200 - Microeconomic Issues

      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
      Group 720300 - International Trade Issues

      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
      Group 720400 - Management and Productivity Issues

      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
      Group 720500 - Measurement Standards and Calibration Services

      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.
      Group 729900 - Other Economic Issues

      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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