Next Monday 10 October 2016 The Nobel Memorial Prize in Economic Sciences,The Sveriges
Riksbank Prize in Economic Sciences in Memory of Alfred Nobel will be
announced. Let’s see how many of the previous year’s winners you can identify.
State the name of the economist, the field of economics, and in one sentence
state the motivation for awarding these economists with a Nobel Prize.
(1) John F. Nash Jr.
Prize motivation: "for their pioneering analysis of equilibria in the theory of
non-cooperative games"
Field: game theory
Prize motivation: "for her analysis of economic governance, especially the
commons"
Field: economic governance
(3) Amartya Sen
Prize motivation: "for his contributions to welfare economics"
Field: welfare
(4) Milton Friedman
Prize motivation: "for his achievements in the fields of consumption analysis,
monetary history and theory and for his demonstration of the complexity of
stabilization policy"
Field: macroeconomics
(5) Paul Krugman
Prize motivation: "for his analysis of trade patterns and location of economic
activity"
Field: international and regional economics
Submit your answers by email to profKMody@gmail.com
on or before 10 October 2016.
