The Nobel Prize in Economics, whose official name is the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is awarded annually by the Royal Swedish Academy of Sciences to researchers who conduct research in the field of economic sciences. The first prize winners were Ragnar Frisch and Jan Tinbergen in 1969. Each laureate receives a medal, a diploma and a cash prize, the amount of which varies every year. In 1969, Tinbergen and Frisch were given 375,000 Swedish kroner. The prize is presented at an annual ceremony of the anniversary of Alfred Nobel's death, in Stockholm on December 10
It should be noted that, unlike other fields, the Nobel Prize in economics was not included in Alfred Nobel's will. This award was established by the Swedish bank on the occasion of its 300th anniversary and was first given in 1969. However, the award, whose laureate is chosen annually by the Royal Swedish Academy of Sciences, is considered the most prestigious award in the field of economic sciences.
With the award in 2018, 50 Nobel Prizes in Economics have been awarded to 81 persons. By 2007, the field with the most awards is macroeconomics, with 9 awards. As in October of 2018, the university with the most laureates was the University of Chicago with 32 laureates. Until 2009, the only woman winner of this award was economist Elinor Ostrom. In 2019, Esther Duflo became the second woman in the history won the Nobel Prize in Economics. In 2023, the third woman - American Claudia Goldin was awarded with the prize for "Improving the understanding of the role of women in the labor market" (economics.com.az).
