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Nobel Memorial Prize in Economic Sciences

Nobel Memorial Prize in Economic Sciences

Economics award

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, sometimes mistakenly referred to as the Nobel Prize for Economics.

In 1968, Sveriges Riksbank (Sweden's central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. The Prize is based on a donation received by the Nobel Foundation in 1968 from Sveriges Riksbank on the occasion of the Bank's 300th anniversary. The first Prize in Economic Sciences was awarded to Ragnar Frisch and Jan Tinbergen in 1969.

The Prize in Economic Sciences is awarded by The Royal Swedish Academy of Sciences, Stockholm, Sweden, according to the same principles as for the Nobel Prizes that have been awarded since 1901.

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Winners

2017

Richard H. Thaler “for his contributions to behavioural economics”

2018

William D. Nordhaus “for integrating climate change into long-run macroeconomic analysis” & Paul M. Romer “for integrating technological innovations into long-run macroeconomic analysis”

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