What is the Nobel Prize in Economics?
Q: What is the Nobel Prize in Economics?
A: The Nobel Prize in Economics, also known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is an annual award given to individuals who have made outstanding contributions to the field of economics.
Q: Was this prize included in Alfred Nobel's will?
A: No, the prize was not one of the awards set out in Alfred Nobel's will.
Q: When and where do laureates receive their diploma and gold medal?
A: Laureates receive their diploma and gold medal from the Swedish monarch at a December 10 ceremony held each year in Stockholm.
Q: Who else receives awards during this same ceremony?
A: During this same ceremony, laureates for physics, chemistry, physiology or medicine, and literature also receive awards.
Q: How much money do economics laureates receive with their award?
A: Economics laureates receive an amount of money equal to that of other prizes awarded during the same ceremony.
