Nobel economics prize to be announced in Stockholm

Summarised from 2 outlets · Updated 12 Oct, 07:18 · Archive

The Nobel memorial prize in economics will be announced on Monday by the Royal Swedish Academy of Sciences.

The Nobel memorial prize in economics will be announced Monday by the Royal Swedish Academy of Sciences in Stockholm. This is the last of the year's Nobel awards to be announced, following those in medicine, physics, chemistry, literature and peace announced last week.

The prize carries 12 million Swedish kronor (about $1.2 million) this year. Last year, three researchers who study business innovation won the award for explaining how new products and inventions promote economic growth and human welfare, even as they displace older companies.

The economics prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. Although Nobel purists note it is technically not a Nobel Prize, it is always presented together with the other awards on 10 December, the anniversary of Alfred Nobel's death in 1896. The Swedish central bank established the economics prize in 1968 as a memorial to the 19th-century Swedish businessman, chemist and inventor of dynamite who established the five original Nobel Prizes.

How it is being reported

• Nobel memorial prize in economics to be awarded in StockholmThe Nobel memorial prize in economics is the last to be announced this year.News4Jax · 12 Oct, 06:40
• Nobel memorial prize in economics to be awarded in StockholmThe Nobel memorial prize in economics is the last to be announced this year.Clickorlando · 12 Oct, 06:40

In this story: Royal Swedish Academy of Sciences · Bank of Sweden · Alfred Nobel · Stockholm · Sweden

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