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APPENDIX : NOBEL LAUREATES

The Nobel prize in Economics was first introduced in the year 1968. The winners of the prize since then have been listed below:

Sr. No.

Year

Prize Winner

Lecture Topic

1

1968

Ragnar Frish (Sweden)

Econometric society

2

1969

Jan Tibergen (Hague)

Econometric models

3

1970

Paul Samuelson (US)

Foundation of Economic Analysis

4

1971

Simon Kuznets (US)

Modern Economic Growth

5

1972

Kenneth Arrow (US)

Coordinate Efficiency of Economic Systems

J. R. Hicks (UK)

Economic Growth

6

1973

Wassily Leontief (US)

World Economy

7

1974

Von Hayek (Austria)

Pretense of Knowledge

Gunnar Myrdal (Sweden)

Economic Assistance

8

1975

Leonid Kantorvich (USSR)

Mathematic Methods

Tjalling Koopmans (US)

Plan Models

9

1976

Milton Friedman (US)

Inflation & Unemployment

10

1977

James Meade (UK)

Internal Balance

Bertil Ohlin (Sweden)

Economic Relations

11

1978

Herbert Simon (US)

Rational Decision

12

1979

Theodore Schultz (US)

Human Resource Development

Arthur Lewis (UK)

Development Planning

13

1980

Lawrence Klein (US)

Balance Growth Path

14

1981

James Tobin (US)

Market Analysis of Capital and Monetary Theory

15

1982

George Stigler (US)

Process & Progress of Economics

16

1983

Gerald Debreau (France)

General Equilibrium Model

17

1984

Richard Stone (UK)

National Accounting Systems

18

1985

Fraeo Modigliani (Rome)

Life Cycle Theory

19

1986

James Buchanan (US)

Economic & Political Decisions

20

1987

Robert Solow (US)

Growth Theory

21

1988

Maurice Allais (France)

Applied Economics

22

1989

Trygve Haavelmo (Norway)

Probability Theory

23

1990

Harry Markowitz (US)

Portfolio Theory

Merton Muller (US)

Leverage Effect

William Sharpe (US)

CAPM model

24

1991

Ronald Coase (US)

-

25

1992

Gary Becker (US)

-

26

1993

Robert Fogel (US)

-

Douglas Nash (US)

-

27

1994

John Nash (US)

-

Reinhard Selten (Germany)

-

John Hansranyi (Hungary)

-

28

1995

Robert Lucas (US)

-

29

1996

James Mirrless (UK)

-

William Vickery (Canada)

-

30

1997

Amartya Sen (India)

Poverty & Welfare Economics

Index

Appendix
Questions
Bibliography

Chapter 1


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