Loading Economics Nobel Prize
Celebrating breakthroughs in economic sciences.
Loading Economics Nobel Prize
Celebrating breakthroughs in economic sciences.
Economics · 2004
Edward C. Prescott received the 2004 Nobel Prize in Economics for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles. The Nobel committee highlighted this contribution for its lasting importance to the field. This achievement represents one of the major advances recognized in economics at the time.