Nobel Prize in Economics

The Nobel Memorial Prize in Economic Sciences, also known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is an economics award funded by Sveriges Riksbank and administered by the Nobel Foundation. It is not one of the original Nobel Prizes established by Alfred Nobel's will in 1895, but is instead an award created in 1968 by an endowment from Sweden's central bank to commemorate its 300th anniversary. The prize is awarded annually by the Royal Swedish Academy of Sciences, which follows a similar nomination and selection process to the original Nobel Prizes, and the laureates are announced and receive the award at the same ceremony as the Nobel Prize recipients.learn more on wikipedia