Nobel Memorial Prize in Economic Sciences

[ noh-bel muh-mawr-ee-uhl prahyz in ek-uh-nom-ik sahy-uhn-siz, ee-kuh-nom-ik, noh-bel ]

noun

1. an annual award for uncommon excellence in economics, established in 1968 by the central bank of Sweden in memory of Alfred B. Nobel: presented along with the Nobel Prizes and commonly but unofficially called the Nobel Prize in Economics.

Example Sentences

Claudia Goldin, an economic historian at Harvard University, this week won the Nobel Memorial Prize in Economic Sciences for her influential work identifying the driving forces behind women’s unequal participation in the workforce.

From Science Magazine

This year’s Nobel Memorial Prize in Economic Sciences goes to Claudia Goldin of Harvard University, for research that reveals the driving forces behind gender differences in earnings and employment rates.

From Science Magazine

In awarding the Nobel Memorial Prize in Economic Sciences in 1995 to Professor Lucas, the fifth winner in economics from the University of Chicago in six years, the Swedish Royal Academy of Sciences described him as “the economist who has had the greatest influence on macroeconomic research since 1970.”

From New York Times

In a 2013 study for the Center for Economic and Policy Research — a liberal-leaning think tank whose contributors include Nobel Memorial Prize in Economic Sciences winners Robert Solow and Joseph Stiglitz — it was determined that if the United States adopted a less time-intensive weekly work model, it could through that alone take a large bite out of the greenhouse gas emissions fueling climate change.

From Salon

The Nobel Memorial Prize in Economic Sciences was awarded to Ben Bernanke, the former Federal Reserve chair, and two other economists for research on banks and “how society deals with financial crises.”

From New York Times