A Nobel Prize medal is displayed before a ceremony at the Swedish Ambassador’s residence in London, Monday, December 6, 2021. Credit: AP Photo/Matt Dunham, File
The final Nobel Prize of this year’s Nobel Prize season will be announced Monday morning, when organizers unveil the winner(s) of the Memorial Nobel Prize in Economics.
Last year’s prize went to three economists – Daron Acemoglu, Simon Johnson and James A. Robinson – who studied why some countries are rich and others poor and demonstrated that more free and open societies are more likely to prosper.
The economics prize is officially known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. The central bank established it in 1968 in memory of Nobel, the 19th-century Swedish businessman and chemist who invented dynamite and created the five Nobel Prizes.
Since then, it has been awarded 56 times, for a total of 96 winners. Before Monday’s announcement, only three of the winners were women.
Nobel purists point out that the economics prize is not technically a Nobel Prize, but is still awarded with the others on December 10, the anniversary of Nobel’s death in 1896.
Nobel Prizes were announced last week in the fields of medicine, physics, chemistry, literature and peace.
© 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Quote: The Nobel Prize in Economics is expected to be announced on Monday (October 13, 2025) retrieved October 13, 2025 from https://phys.org/news/2025-10-nobel-activity-prize-monday.html
This document is subject to copyright. Except for fair use for private study or research purposes, no part may be reproduced without written permission. The content is provided for informational purposes only.
