Nobel prizes in economics 1969---2024

The Nobel Memorial Prize in Economic Sciences, officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

The award was created in 1968 through a permanent endowment from Sweden's central bank, Sveriges Riksbank, to celebrate the bank's 300th anniversary. The Royal Swedish Academy of Sciences is responsible for selecting the laureates for the Prize in Economic Sciences.

Here is a list of Nobel Prize winners in Economic Sciences from 1969 to 2024:

1969-2024 Nobel Prize in Economic Sciences Winners

1969 - Ragnar Frisch and Jan Tinbergen

For their development of dynamic models for analyzing economic processes.

1970 - Paul A. Samuelson

For his contributions to the advancement of modern economic theory.

1971 - Simon Kuznets

For his empirically based interpretation of economic growth and development.

1972 - John R. Hicks and Kenneth J. Arrow

For their groundbreaking contributions to general economic equilibrium theory and welfare theory.

1973 - Wassily Leontief

For creating input-output analysis and applying it to significant economic issues.

1974 - Friedrich August Hayek and Gunnar Myrdal

For their theoretical and methodological contributions to understanding the economic organization of societies.

1975 - Leonid Kantorovich and Tjalling Koopmans

For their work on the theory of optimal resource allocation.

1976 - Milton Friedman

For his accomplishments in monetary theory and his demonstration of the social and economic impacts of monetary policy.

1977 - Bertil Ohlin and James Meade

For their contributions to international trade theory, particularly the Heckscher-Ohlin model.

1978 - Herbert A. Simon

For his pioneering research into decision-making processes within economic organizations.

1979 - Theodore W. Schultz and Sir Arthur Lewis

For their insights into the role of human capital in economic development.

1980 - Lawrence R. Klein

For his contributions to developing econometric models and their use in analyzing economic fluctuations.

1981 - James Tobin

For his analysis of financial markets and the influence of monetary policy.

1982 - George J. Stigler

For his pioneering studies in industrial organization, market structures, and economic regulation.

1983 - Gérard Debreu

For his contributions to the theory of general equilibrium in economics.

1984 - Richard Stone

For his work in developing national accounts and applying them to the study of economic systems.

1985 - Franco Modigliani

For his theory on household savings and its implications for designing policies to stabilize economic fluctuations.

1986 - James M. Buchanan

For his development of public choice theory, which applies economic principles to political decision-making.

1987 - Robert Solow

For his contributions to the theory of economic growth, especially the Solow growth model.

1988 - Maurice Allais

For his significant contributions to market theory and the functioning of economic systems.

1989 - Trygve H. B. Hoff, William S. Vickrey

For their work on auction theory and market design.

1990 - Harry M. Markowitz, Merton H. Miller, William F. Sharpe

For their contributions to modern portfolio theory and the evolution of financial markets.

1991 - Ronald H. Coase

For his research on transaction costs and the theory of property rights.

1992 - Gary S. Becker

For his influential work in microeconomics, particularly in analyzing human behavior across various economic contexts.

1993 - Robert W. Fogel, Douglass C. North

For their insights into historical processes and their relevance to economic growth.

1994 - John C. Harsanyi, John Nash, Reinhard Selten

For their groundbreaking analysis of equilibria in non-cooperative games.

1995 - Robert E. Lucas Jr.

For his formulation of the rational expectations theory and its application in macroeconomic analysis.

1996 - James A. Mirrlees, William Vickrey

For their contributions to the theory of incentives in markets characterized by asymmetric information.

1997 - Robert C. Merton, Myron S. Scholes

For their creation of the Black-Scholes model for pricing derivatives.

1998 - Amartya Sen

For his influential work in welfare economics and social choice theory.

1999 - Robert A. Mundell

For his analysis of monetary and fiscal policies across various exchange rate regimes.

2000 - James J. Heckman, Daniel L. McFadden

For their development of microeconometrics and econometric methods that analyze individual behavior.

2001 - George A. Akerlof, Michael Spence, Joseph E. Stiglitz

For their analyses of markets characterized by asymmetric information.

2002 - Daniel Kahneman, Vernon L. Smith

For their significant contributions to the field of behavioral economics.

2003 - Robert F. Engle, Clive W. J. Granger

For their pioneering work in time-series econometrics and volatility modeling.

2004 - Finn E. Kydland, Edward C. Prescott

For their influential contributions to the theory of business cycles and economic policy.

2005 - Thomas C. Schelling, Robert J. Aumann

For their groundbreaking work in game theory and its application to economic conflict.

2006 - Edmund S. Phelps

For his insightful analysis of the relationship between inflation and unemployment, along with his contributions to labor market theory.

2007 - Leonid Hurwicz, Eric S. Maskin, Roger B. Myerson

For their foundational contributions to mechanism design theory.

2008 - Paul Krugman

For his in-depth analysis of international trade patterns and the geography of economics.

2009 - Elinor Ostrom, Oliver E. Williamson

For their comprehensive analysis of economic governance and the importance of institutions.

2010 - Peter A. Diamond, Dale T. Mortensen, Christopher A. Pissarides

For their thorough analysis of labor markets and the theory of search and matching.

2011 - Thomas J. Sargent, Christopher A. Sims

For their significant contributions to the analysis of macroeconomic policy through econometric methods.

2012 - Alvin E. Roth, Lloyd S. Shapley

For their influential work on market design and matching theory.

2013 - Eugene F. Fama, Lars Peter Hansen, Robert J. Shiller

For their empirical analysis of asset pricing.

2014 - Jean Tirole

For his critical analysis of market power and regulatory frameworks.

2015 - Angus Deaton

For his insightful analysis of consumption, poverty, and welfare.

2016 - Oliver Hart, Bengt Holmström

For their contributions to contract theory.

2017 - Richard H. Thaler

For his contributions to behavioral economics.

2018 - William D. Nordhaus, Paul M. Romer

For their work on the economic analysis of climate change and technological innovation.

2019 - Abhijit Banerjee, Esther Duflo, Michael Kremer

For their experimental approach to poverty alleviation.

2020 - Paul R. Milgrom, Robert B. Wilson

For improvements to auction theory and inventions of new auction formats.

2021 - David Card, Joshua D. Angrist, Guido W. Imbens

For their methodological contributions to the analysis of causal relationships.

2022 - Ben S. Bernanke, Douglas W. Diamond, Philip H. Dybvig

For their research on banks and financial crises.

2023 - Claudia Goldin

For her research on gender equality and women in the workforce.

2024 

This list features the recipients from the inaugural award in 1969 to the latest in 2023. The announcement for the 2024 award is still pending.