ECONOMICS  College of Business and Public Administration
 Drake University, Des Moines, Iowa 50311

Nobel Prize Winners in Economics

See also Nobel Prize web page (http://www.nobel.se/).

2004 Finn Kydland, Edward Prescott: Macroeconomic theory (so-called "real business cycles").

2003 Clive Granger, Robert Engle: Time-series econometrics.

2002 Daniel Kahneman, Vernon L. Smith: Decision-making under uncertainty and experimental economics, respectively.

2001 George A. Akerlof, A. Michael Spence, Joseph E. Stiglitz: Theory of asymmetric information.

2000 James J. Heckman, Daniel L. McFadden: Econometric models of discrete choice and sample selection bias.

1999 Robert A. Mundell: International trade.

1998 Amartya Sen: Poverty, income distribution, and economic development.

1997 Robert C. Merton, Myron S. Scholes: Theory of finance.

1996 James A. Mirrlees, William Vickrey: Theory of public finance, auctions.

1995 Robert E. Lucas Jr.: Macroeconomics.

1994 John C. Harsanyi, John F. Nash Jr., Reinhard Selten: Game theory.

1993 Robert W. Fogel, Douglass C. North: Economic history.

1992 Gary S. Becker: Labor economics and household behavior.

1991 Ronald H. Coase: Externalities, transaction costs.

1990 Harry M. Markowitz, Merton H. Miller, William F. Sharpe: Theory of finance.

1989 Trygve Haavelmo: Econometric theory.

1988 Maurice Allais: Microeconomic theory, behavior under uncertainty.

1987 Robert M. Solow: Theory of economic growth.

1986 James M. Buchanan Jr.: Public choice.

1985 Franco Modigliani: Macroeconomics.

1984 Richard Stone: Consumer behavior.

1983 Gerard Debreu: General equilibrium theory.

1982 George J. Stigler: Industrial organization.

1981 James Tobin: Macroeconomics.

1980 Lawrence R. Klein: Macroeconomic econometric modeling.

1979 Theodore W. Schultz, Sir Arthur Lewis: Economic development.

1978 Herbert A. Simon: Bounded rationality.

1977 Bertil Ohlin, James E. Meade: International trade, externalities.

1976 Milton Friedman: Macroeconomics, applied econometrics.

1975 Leonid Vitaliyevich Kantorovich, Tjalling C. Koopmans: General equilibrium theory.

1974 Gunnar Myrdal, Friedrich August von Hayek: "Austrian" (non-equilibrium) economic theory.

1973 Wassily Leontief: Input-output approach to economic modeling.

1972 John R. Hicks, Kenneth J. Arrow: Microeconomic theory.

1971 Simon Kuznets: Economic development.

1970 Paul A. Samuelson: Mathematical approaches to economic theory.

1969 Ragnar Frisch, Jan Tinbergen: Mathematical approaches to economic theory.


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