Byjus 1

Byjus  2

| **Aspect**                  | **Details**                                                                                   |
|----------------------------|-----------------------------------------------------------------------------------------------|
| **Nobel Prize in Economics** | Awarded annually since 1969 for significant contributions to the field of economics.          |
| **Establishment**           | Established in 1969 as the sixth Nobel Prize, funded by Sweden's central bank.               |
| **Purpose**                 | Recognizes groundbreaking work in economic theories, behaviors, and policies.                |
| **Award Components**        | Laureates receive a gold medal, a diploma, and a cash prize (11 million SEK as of 2023).     |
| **Selection Criteria**      | Prizes are awarded to up to three individuals; organizations can win the Nobel Peace Prize.  |
| **Posthumous Awards**       | Generally not awarded posthumously, except if the winner dies before the ceremony.           |


Aspect	Details
Nobel Prize in Economics	Awarded annually since 1969 for significant contributions to the field of economics.
Establishment	Established in 1969 as the sixth Nobel Prize, funded by Sweden's central bank.
Purpose	Recognizes groundbreaking work in economic theories, behaviors, and policies.
Award Components	Laureates receive a gold medal, a diploma, and a cash prize (11 million SEK as of 2023).
Selection Criteria	Prizes are awarded to up to three individuals; organizations can win the Nobel Peace Prize.
Posthumous Awards	Generally not awarded posthumously, except if the winner dies before the ceremony.

Nobel Prize in Economics: Winners and Overview