List of Nobel Laureates in Economics

List Of Nobel Laureates In Economics

The Nobel Memorial Prize in Economic Sciences, officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is awarded annually by the Royal Swedish Academy of Sciences to researchers in the field of economics. Although not one of the original five Nobel Prizes established by the 1895 will of Alfred Nobel, it is consistently identified with them. The award was established and funded in 1968 by the Sveriges Riksbank, the central bank of Sweden, on the 300th anniversary of the bank, and has been awarded annually since. The first award was given in 1969 to Ragnar Frisch and Jan Tinbergen. Each recipient receives a medal, a diploma and a monetary award that has varied throughout the years. In 1969, Frisch and Tinbergen were given a combined 375,000 SEK, which is equivalent to 2,871,041 SEK in December 2007. In 2011, the prize was awarded to Thomas J. Sargent and Christopher A. Sims. The award is presented in Stockholm at an annual ceremony on December 10, the anniversary of Nobel's death.

As of 2012, 44 Nobel Memorial Prizes in Economic Sciences have been given to 71 individuals. Seven awards have been given for contributions to the field of macroeconomics, more than any other category. The institution with the most affiliated Nobel laureates in Economics is the University of Chicago, which has 26 affiliated laureates.

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