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Nobel Prize in Economic Sciences 2026 awarded to Robert E. Hall and Michael Woodford
Why in News?
Nobel Prize in Economic Sciences 2026 awarded to Robert E. Hall and Michael Woodford
Robert E. Hall and Michael Woodford share the 2026 economics Nobel.
Why it matters: factual, Prelims-type
What you need to know
2 min read
The 2026 Nobel Prize in Economic Sciences was awarded jointly to Robert E.
Hall and Michael Woodford for contributions to macroeconomic theory and policy.
The prize is formally called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Sources: Topper IAS editorial (PIB / The Hindu / Indian Express)
Key facts
Remember these
- Nobel Prize
- Economic Sciences
- macroeconomics
Prelims · Mains
How the exam will ask it
Prelims
- Nobel Prize, Economic Sciences, macroeconomics
Mains
Use as an example in GA answers (GS-II: International; awards).
Quick recall
Answer before you reveal
The Nobel Prize in Economic Sciences is formally known as the:
- Bank of Sweden Prize for Applied Economics
- Royal Swedish Academy Prize in Political Economy
- Alfred Nobel Prize for Economic Theory
- Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
Show answer
Answer: D — The correct answer is the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. It was established by Sweden's central bank and is not one of the original prizes in Alfred Nobel's will.
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