1. DEPARTMENT OF P G STUDIES IN
ECONOMICS
GOVERNMENT ARTS
COLLEGE,HASSAN

2. NOBEL PRIZE WINNERS OF
ECONOMICS
FROM 1969 TO 2010

3. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969 was
awarded jointly to Ragnar Frisch and Jan Tinbergen "for having developed and applied dynamic
models for the analysis of economic processes"
Ragnar Frisch Jan Tinbergen
Norway The Netherlands
University of Oslo The Netherlands school
Oslo , Norway of economics
Netherlands
B: 1895 B: 1903
D:1973 D: 1994

4. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1970
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1970
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1970 was awarded to Paul A. Samuelson "for the scientific work
through which he has developed static and dynamic economic theory
and actively contributed to raising the level of analysis in economic
science".
Paul A. Samuelson
USA
Massachusetts institute of
technology (MIT)
CAMBRIDGE,MA ,USA
B:1915

5. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1971
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
1971 was awarded to Simon Kuznets "for his empirically founded interpretation of
economic growth which has led to new and deepened insight into the economic
and social structure and process of development".
Simon Kuznets
USA
Harvard university
Cambridge , MA ,USA
B: 1901
(in Russia)
D: 1985

6. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1972
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1972 was awarded jointly to John R. Hicks and Kenneth J. Arrow "for
their pioneering contributions to general economic equilibrium theory and
welfare theory"
John R. Hicks Kenneth J. Arrow
United kingdom USA
All souls college Harvard university
Oxford, united Cambridge,MA,USA
kingdom B: 1921
B: 1904 D: 1989

7. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1973
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1973
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1973 was awarded to Wassily Leontief "for the development of the
input-output method and for its application to important economic
problems".
Wassily leontief
USA
Harvard university
Cambridge, MA, USA
B: 1906
(in st. petersbrg, Russia)
D: 1999

8. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1974
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1974
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
1974 was awarded jointly to Gunnar Myrdal and Friedrich August von Hayek
"for their pioneering work in the theory of money and economic fluctuations and
for their penetrating analysis of the interdependence of economic, social and
institutional phenomena"
Gunnar Myrdal Friedrich August von Hayek
Sweden United kingdom
B:1898 B:1899
D:1987 (in Vienna ,Austria
D: 1992

9. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1975
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1975
The sveriqes riksbank prize iin Economic Sciences in Memory of Alfred Nobel
1975 was awarded jointly to Leonid Vitaliyevich Kantorovich and Tjalling C.
Koopmans "for their contributions to the theory of optimum allocation of
resources"
Leonid vitaliyevich Tjlling c. koopmans
Kantorovich
USA, Yale university, new
USSR, academy of science, haven,CT, USA
Moscow
B:1910
B:1912 D:1985
D:1986

10. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1976
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1976
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1976 was awarded to Milton Friedman "for his achievements in
the fields of consumption analysis, monetary history and theory and for
his demonstration of the complexity of stabilization policy".
Milton Friedman
USA
University of Chicago
Chicago,IL, USA
B:1912
D: 2006

11. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1977
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1977
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1977 was awarded jointly to Bertil Ohlin and James E. Meade "for
their pathbreaking contribution to the theory of international
Bertil Ohlin James E. Meade
Sweden U.K
Stockholm school of economics, University of Cambridge
Sweden Cambridge, U.K
B: 1899 B:1907
D: 1979 D: 1995

12. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1978
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1978
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1978 was awarded to Herbert A. Simon "for his pioneering research
into the decision-making process within economic organizations".
Herbert A. Simon
USA
Carnegie Mellon University
Pittsburgh, PA USA
B: 1916
D:2001

13. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1979 was awarded jointly to Theodore W. Schultz and Sir Arthur
Lewis "for their pioneering research into economic development research
with particular consideration of the problems of developing countries"
Theodore W. Schultz Sir Arthur Lewis
USA United kingdom
University of Chicago, IL, Princeton university ,NJ, USA
USA
B: 1915
B:1902 D:1991
D:1998

14. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1980
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1980
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1980 was awarded to Lawrence R. Klein "for the creation of
econometric models and the application to the analysis of economic
fluctuations and economic policies".
Lawrence R. Klein
USA
University of Pennsylvania
Philadelphia, PA, USA
B: 1920

15. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1981
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1981
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1981 was awarded to James Tobin "for his analysis of financial
markets and their relations to expenditure decisions, employment,
production and prices"
James Tobin
USA
Yale University
New haven, CT,USA
B: 1918
D:2002

16. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1982
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1982
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1982 was awarded to George J. Stigler "for his seminal studies of
industrial structures, functioning of markets and causes and effects of
public regulation".
George J. Stigler
USA
University of Chicago
Chicago, IL, USA
B: 1911
D: 1991

17. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1983
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1983
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1983 was awarded to Gerard Debreu "for having incorporated new
analytical methods into economic theory and for his rigorous reformulation
of the theory of general equilibrium".
Gerard Debreu
USA
University of California
Berkeley, CA,USA
B:1921
DE:2004

18. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1984
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1984
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1984 was awarded to Richard Stone "for having made fundamental
contributions to the development of systems of national accounts and
hence greatly improved the basis for empirical economic analysis".
Richard Stone
U.K
University of Cambridge
Cambridge,U.K
B: 1913
D:1991

19. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1985
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1985
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1985 was awarded to Franco Modigliani "for his pioneering
analyses of saving and of financial markets
Franco Modigliani
USA
Massachusetts institute of technology
Cambridge, MA, USA
B: 1918
D: 2003

20. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986
The Sveriges Riksbank Prize in Economic Sciences in Memory of
Alfred Nobel 1986 was awarded to James M. Buchanan Jr. "for his
development of the contractual and constitutional bases for the theory
of economic and political decision-making".
James M. Buchanan Jr
USA
Center for study of public choice
Fairfax, VA, USA
B: 1919

21. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1987
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1987
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1987 was awarded to Robert M. Solow "for his contributions to the
theory of economic growth".
Robert M. Solow
USA
Massachusetts institute of
technology (MIT)
CAMBRIDGE, MA, USA
B: 1924

22. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1988
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1988
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1988 was awarded to Maurice Allais "for his pioneering contributions
to the theory of markets and efficient utilization of resources".
Maurice Allais
France
Ecole nation ale superior
Des mines de Paris
Paris, France
B: 1911

23. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1989
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1989
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1989 was awarded to Trygve Haavelmo "for his clarification of the
probability theory foundations of econometrics and his analyses of
simultaneous economic structures
Trygve Haavelmo
Norway
University of Oslo
Oslo, Norway
B: 1911
D: 1999

24. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1990 was awarded jointly to Harry M. Markowitz, Merton H. Miller
and William F. Sharpe "for their pioneering work in the theory of financial
economics".
Harry M. Markowitz Merton H. Miller William F. Sharpe
USA USA USA
City university of new York University of Chicago Stanford university
New York, NY, USA Chicago, IL , USA Stanford, CA, USA
B: 1927 B:1923 B:1934
D: 2000

25. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1991
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1991
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1991 was awarded to Ronald H. Coase "for his discovery and
clarification of the significance of transaction costs and property rights for
the institutional structure and functioning of the economy".
Ronald H. Coase
United kingdom
University of Chicago
Chicago, IL, USA
B:1910

26. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1992
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1992
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1992 was awarded to Gary S. Becker "for having extended the
domain of microeconomic analysis to a wide range of human behaviour
and interaction, including nonmarket behaviour".
Gary S. Becker
USA
University of Chicago
Chicago, IL, USA
B: 1930

27. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1993
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1993
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1993 was awarded jointly to Robert W. Fogel and Douglass C.
North "for having renewed research in economic history by applying
economic theory and quantitative methods in order to explain economic
and institutional change"
Robert W. Fogel Douglass C. North
USA USA
University of Chicago Washington university
Chicago, IL, USA St. louis, MO, USA
B: 1926 B: 1920

28. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1994
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1994
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1994 was awarded jointly to John C. Harsanyi, John F. Nash Jr.
and Reinhard Selten "for their pioneering analysis of equilibria in the
theory of non-cooperative games".
John C. Harsanyi John F. Nash Jr. Reinhard Selten
USA USA Germany
University of California Princeton university Rheinische fried rich –
Berkeley, CA, USA Princeton, NJ, USA Wilhelm's - universal Bonn,
Germany
B:1920 B:1928
D: 2000 B:1930

29. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1995
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1995
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1995 was awarded to Robert E. Lucas Jr. "for having developed
and applied the hypothesis of rational expectations, and thereby having
transformed macroeconomic analysis and deepened our understanding
of economic policy".
Robert E. Lucas Jr.
USA
University of Chicago
Chicago,IL, USA
B:1937

30. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1996
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1996
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1996 was awarded jointly to James A. Mirrlees and William Vickrey
"for their fundamental contributions to the economic theory of incentives
under asymmetric information
William Vickrey
James A. Mirrlees USA
U.K
Columbia university
University of Cambridge Newyork , NY, USA
U.K
B: 1914
B:1936 D: 1996

31. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1997
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1997 was awarded jointly to Robert C. Merton and Myron S.
Scholes "for a new method to determine the value of derivatives"
Robert C. Merton Myron S. Scholes
USA USA
Harvard university Long term capital management
Cambridge, MA, USA Greenwich, CT, USA
B:1944 B:1941

32. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1998
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1998
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1998 was awarded to Amartya Sen "for his contributions to welfare
economics".
Amartya Sen
India
Trinity college
Cambridge, U.K
B:1933

33. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1999
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1999
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 1999 was awarded to Robert A. Mundell "for his analysis of
monetary and fiscal policy under different exchange rate regimes and his
analysis of optimum currency areas".
Robert A. Mundell
Canada
Columbia university
New York, NY, USA
B:1932

34. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2000
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2000
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2000 was divided equally between James J. Heckman "for his
development of theory and methods for analyzing selective samples" and
Daniel L. McFadden "for his development of theory and methods for
analyzing discrete choice".
James J. Heckman Daniel L. McFadden
USA USA
University of Chicago University of California
Chicago, IL,USA Berkeley, CA, USA
B:1944 B: 1937

35. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2001 was awarded jointly to George A. Akerlof, A. Michael Spence
and Joseph E. Stiglitz "for their analyses of markets with asymmetric
information".
George A. Akerlof A.Michael spence Joseph E. stiglitz
USA USA USA
University of California Stanford university Columbia university
Berkeley, CA, USA Stanford, CA, USA New York, NY, USA
B:1940 B:1943 B: 1943

36. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2002
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2002
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2002 was divided equally between Daniel Kahneman "for having
integrated insights from psychological research into economic science,
especially concerning human judgment and decision-making under
uncertainty" and Vernon L. Smith "for having established laboratory
experiments as a tool in empirical economic analysis, especially in the study
of alternative market mechanisms".
Daniel Kahneman Vernon L. Smith
USA & Israel USA
Princeton University George mason university
Princeton, NJ, USA Fairfax, VA, USA
B:1934 B:1927

37. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2003
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2003 was divided equally between Robert F. Engle III "for methods of
analyzing economic time series with time-varying volatility (ARCH)" and Clive
W.J. Granger "for methods of analyzing economic time series with common
trends (cointegration)".
Robert F. Engle III Clive W.J. Granger
USA U.K
New York university University of California
New York, NY, USA Nan Diego , CA, USA
B: 1942 B:1934
D: 2009

38. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2004 was awarded jointly to Finn E. Kydland and Edward C.
Prescott "for their contributions to dynamic macroeconomics: the time
consistency of economic policy and the driving forces behind business
cycles"
Finn E. Kydland Edward C. Prescott
Norway USA
Carnegie melon university Arizona state university
Pittsburgh ,PA, USA Tempe, AZ,USA
B:1943 B:1940

39. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2005
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2005
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2005 was awarded jointly to Robert J. Aumann and Thomas C.
Schelling "for having enhanced our understanding of conflict and
cooperation through game-theory analysis"
Robert J. Aumann Thomas C. Schelling
Israel and USA USA
University jerusalewm,center for University Maryland
rationality Hebrew Department of economics
Jerusalem, Israel & school of public policy
College park, MD, USA
B:1930 B: 1921

40. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2006
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2006
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2006 was awarded to Edmund S. Phelps "for his analysis of
intertemporal tradeoffs in macroeconomic policy".
Edmund S. Phelps
USA
Columbia university
New York, NY, USA
B: 1933

41. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2007 was awarded jointly to Leonid Hurwicz, Eric S. Maskin and
Roger B. Myerson "for having laid the foundations of mechanism design
theory".
Leonid Hurwicz Eric S. Maskin Roger B. Myerson
USA USA USA
University of Minnesota Institute of advanced study university of Chicago
Minneapolis,MN, USA Princeton, NJ, USA Chicago, IL, USA
B:1917 B: 1950 B:1951
D: 2008

42. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2008 was awarded to Paul Krugman "for his analysis of trade
patterns and location of economic activity
Paul Krugman
USA
Princeton university
Princeton, NJ, USA
B: 1953

43. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2009
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2009 was divided equally between Elinor Ostrom "for her analysis of
economic governance, especially the commons" and Oliver E. Williamson
"for his analysis of economic governance, especially the boundaries of the
firm".
Elinor Ostrom Oliver E. Williamson
USA USA
Indian university University of California
Bloomington, IN, USA Berkeley, CA,USA
B:1933 B:1932

44. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred
Nobel 2010 was awarded jointly to Peter A. Diamond, Dale T. Mortensen
and Christopher A. Pissarides "for their analysis of markets with search
frictions".
Peter A. Diamond Dale T. Mortensen Christopher A. Pissarides
USA USA Nicosia cyprus
Massachusetts institute of Northwestern University, Londen school of economics &
technology, Evanston IL UAS Political science, UK
Cambridge,MA.USA
B: 1940 B: 1939 B: 1948

45. PREPARED BY
BHARAT R S
M.A ECONOMICS
DEPT. OF P G IN ECONOMICS
GOVT. ARTS COLLEGE,HASSAN.