Economic taxonomy

An economic taxonomy is a system of classification of economic activity, including products, companies and industries. Some economists believe that the study of economic policy demands the use of a taxonomic/classificatory approach.[1]

  1. ^ Day, A. C. L. (1955). "The Taxonomic Approach to the Study of Economic Policies". The American Economic Review. 45 (1): 64–78. JSTOR 1811583.