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DIVISION 91 ECONOMIC FRAMEWORK

This division covers R&D directed towards the understanding of the economic framework of development and the application of economic theory to assist development. It includes R&D directed towards developing measurement standards and calibrations services which make a contribution to the economic framework.

This division has six groups.

Group 9101 Macroeconomics

This group covers R&D directed towards the understanding of economic issues at the macroeconomic level, including fiscal policy, monetary policy, exchange rates, balance of payments, income policy, taxation and other macroeconomic issues.

This group has eleven objectives:

  • 910101 Balance of Payments
  • 910102 Demography
  • 910103 Economic Growth
  • 910104 Exchange Rates
  • 910105 Fiscal Policy
  • 910106 Income Distribution
  • 910107 Macro Labour Market Issues
  • 910108 Monetary Policy
  • 910109 Savings and Investments
  • 910110 Taxation
  • 910199 Macroeconomics not elsewhere classified

Group 9102 Microeconomics

This group covers R&D directed towards understanding economic issues at the microeconomic level, including effects on taxation, consumption, industrial organisations, industry policy, industry cost and structure and other microeconomic issues.

This group has twelve objectives:

  • 910201 Consumption
  • 910202 Human Capital Issues
  • 910203 Industrial Organisations
  • 910204 Industry Costs and Structure
  • 910205 Industry Policy
  • 910206 Market-Based Mechanisms
  • 910207 Microeconomic Effects of Taxation
  • 910208 Micro Labour Market Issues
  • 910209 Preference, Behaviour and Welfare
  • 910210 Production
  • 910211 Supply and Demand
  • 910299 Microeconomics not elsewhere classified

Group 9103 International Trade

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 objectives:

  • 910301 International Agreements on Trade
  • 910302 Trade Assistance and Protection
  • 910303 Trade Policy
  • 910399 International Trade not elsewhere classified

Group 9104 Management and Productivity

This group covers R&D directed towards management and productivity issues. It includes R&D directed towards marketing and industrial relations.

This group has seven objectives:

  • 910401 Industrial Relations
  • 910402 Management
  • 910403 Marketing
  • 910404 Productivity (excl. Public Sector)
  • 910405 Public Sector Productivity
  • 910406 Technological and Organisational Innovation
  • 910499 Management and Productivity not elsewhere classified

Group 9105 Measurement Standards and Calibration Services

This group covers R&D directed towards the development and provision of measurement standards and calibration services for defence, manufacturing and the service industries.

This group has five objectives:

  • 910501 Agricultural and Environmental Standards
  • 910502 Defence Standards and Calibrations
  • 910503 Manufacturing Standards and Calibrations
  • 910504 Service Industries Standards and Calibrations
  • 910599 Measurement Standards and Calibration Services not elsewhere classified

Group 9199 Other Economic Framework

This group covers R&D directed towards understanding other economic issues in the economic framework not elsewhere classified. It includes carbon and emissions trading mechanisms and ecological economics.

This group has three objectives:

  • 919901 Carbon and Emissions Trading
  • 919902 Ecological Economics
  • 919999 Economic Framework not elsewhere classified