Economics Nobel Memorial Prize

The Economics Nobel Memorial Prize, officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, recognizes outstanding contributions to understanding how economies work. It honors researchers who develop theories, models, or insights that help explain economic behaviors, improve policy decisions, or address global challenges like inequality, inflation, or unemployment. While it is not a Nobel Prize, it is awarded annually by the Swedish Academy. The prize highlights the importance of economic science in shaping equitable and efficient societies, encouraging innovative research that benefits both individuals and nations.