The Nobel Prize in Economics is awarded annually to individuals who have made significant contributions to the field of economics. Since its inception in 1969, this prestigious award has recognized numerous economists for their groundbreaking work, ranging from theoretical advancements to practical applications. The winners have shaped our understanding of economic principles, behaviors, and policies, influencing both academic research and real-world economic practices across the globe. Here is a complete list of winners from 1969 to 2024.
The Nobel Prizes are five important awards given to individuals or groups who have made significant contributions to humanity. They were established by Alfred Nobel’s will in 1895, just before he passed away. The first prizes were awarded in 1901 and include categories for Physics, Chemistry, Physiology or Medicine, Literature, and Peace. In 1969, a sixth prize for Economic Sciences was added, funded by Sweden’s central bank.
The Nobel Prizes are considered the highest honors in their fields. Each year, during a special ceremony, winners, called laureates, receive a gold medal, a diploma, and a cash award. As of 2023, the cash prize is about 11 million Swedish kronor, or around 1,035,000 US dollars.
The prizes can only be shared by up to three people, but the Nobel Peace Prize can be given to organizations with more than three members. Generally, the prizes are not awarded posthumously, but if a person wins and passes away before the award ceremony, they will still receive the prize.
The Nobel Prize in Economics honors individuals who have made important contributions to the field. Since 1969, many economists have received this prestigious award for their groundbreaking work, which has influenced economic theories and practices around the world. Here is a list of winners from 1969 to 2024.
Here is the list of Nobel Prize winners in Economics from 1969 to 2024:
| Nobel Prize Winners in Economics | |
| Name | Year |
| Ragnar Frisch and Jan Tinbergen | 1969 |
| Paul A. Samuelson | 1970 |
| Simon Kuznets | 1971 |
| John R. Hicks and Kenneth J. Arrow | 1972 |
| Wassily Leontief | 1973 |
| Gunnar Myrdal and Friedrich von Hayek | 1974 |
| Leonid Vitaliyevich Kantorovich and Tjalling C. Koopmans | 1975 |
| Milton Friedman | 1976 |
| Bertil Ohlin and James E. Meade | 1977 |
| Herbert Simon | 1978 |
| Theodore W. Schultz and Sir Arthur Lewis | 1979 |
| Lawrence R. Klein | 1980 |
| James Tobin | 1981 |
| George J. Stigler | 1982 |
| Gerard Debreu | 1983 |
| Richard Stone | 1984 |
| Franco Modigliani | 1985 |
| James M. Buchanan Jr. | 1986 |
| Robert M. Solow | 1987 |
| Maurice Allais | 1988 |
| Trygve Haavelmo | 1989 |
| Harry M. Markowitz, Merton H. Miller and William F. Sharpe | 1990 |
| Ronald H. Coase | 1991 |
| Gary Becker | 1992 |
| Robert W. Fogel and Douglass C. North | 1993 |
| John C. Harsanyi, John F. Nash Jr. and Reinhard Selten | 1994 |
| Robert E. Lucas Jr. | 1995 |
| James A. Mirrlees and William Vickrey | 1996 |
| Robert C. Merton and Myron Scholes | 1997 |
| Amartya Sen | 1998 |
| Robert Mundell | 1999 |
| James J. Heckman | 2000 |
| Daniel L. McFadden | |
| George A. Akerlof, A. Michael Spence and Joseph E. Stiglitz | 2001 |
| Daniel Kahneman | 2002 |
| Vernon L. Smith | |
| Robert F. Engle III | 2003 |
| Clive W.J. Granger | |
| Finn E. Kydland and Edward C. Prescott | 2004 |
| Robert J. Aumann and Thomas C. Schelling | 2005 |
| Edmund S. Phelps | 2006 |
| Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson | 2007 |
| Paul Krugman | 2008 |
| Elinor Ostrom | 2009 |
| Oliver E. Williamson | |
| Peter A. Diamond, Dale T. Mortensen and Christopher A. Pissarides | 2010 |
| Thomas J. Sargent and Christopher A. Sims | 2011 |
| Alvin E. Roth and Lloyd S. Shapley | 2012 |
| Eugene F. Fama, Lars Peter Hansen and Robert J. Shiller | 2013 |
| Jean Tirole | 2014 |
| Angus Deaton | 2015 |
| Oliver Hart and Bengt Holmström | 2016 |
| Richard H. Thaler | 2017 |
| William D. Nordhaus | 2018 |
| Paul M. Romer | |
| Abhijit Banerjee, Esther Duflo and Michael Kremer | 2019 |
| Paul R. Milgrom and Robert B. Wilson | 2020 |
| David Card | 2021 |
| Joshua D. Angrist and Guido W. Imbens | |
| Ben Bernanke, Douglas Diamond and Philip Dybvig | 2022 |
| Claudia Goldin | 2023 |
| Daron Acemoglu, Simon Johnson and James Robinson | 2024 |
Haryana is a state in northern India, known for its rich culture, history, and rapid…
The Real-Time Billionaire List, an annual compilation by Forbes Magazine, is a renowned roster detailing…
Countries around the world often have special nicknames that represent their culture, history, or unique…
The National Mission for Clean Ganga (NMCG) is spearheading several important initiatives under the Clean…
Prime Minister Narendra Modi will inaugurate the first-ever Bodoland Mohotsov on 15th November at 6:30…
For the first time, the India Meteorological Department (IMD) has introduced a localized weather forecasting…