Nobel Memorial Prize in Economic Sciences
The Nobel Memorial Prize in Economic Sciences, commonly referred to as the Nobel Prize in Economics, is an annual award given to individuals who have made significant contributions to the field of economics. Established in 1968, the prize is not one of the original Nobel Prizes established by Alfred Nobel, but was created by the Swedish central bank in memory of Nobel.
About
Established in 1968, the prize is not one of the original Nobel Prizes established by Alfred Nobel, but was created by the Swedish central bank in memory of Nobel. The laureates are selected by the Royal Swedish Academy of Sciences and awarded a gold medal, a diploma, and a cash prize. The prize has gained a prestigious status in the field of economics and has become one of the most recognized and influential awards in the discipline. The Wikipedia page provides detailed information about the history, selection process, criteria, controversies, and notable laureates of the Nobel Memorial Prize in Economic Sciences. It also highlights the impact and significance of the award in advancing the study and understanding of economics.