2018 Nobel Prize in Economics Current Affairs, GK & News

William Nordhaus, Paul Romer awarded 2018 Nobel Prize in Economics

American economists William Nordhaus and Paul Romer were jointly awarded 2018 Nobel Prize in Economics Sciences for integrating climate change and technological innovation into macroeconomic analysis.  Their findings have significantly broadened scope of economic analysis by constructing models that explain how market economy interacts with nature and knowledge. Their studies has helped to address some ..