William Nordhaus 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 ..

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William Nordhaus and Paul Romer awarded as 2018 Nobel Prize for Economics

US duo William D. Nordhaus and Paul M. Romer have won the 2018 Nobel Memorial Prize in Economic Sciences for research “about innovation, climate and economic growth”. Laureate Romer was honoured for his work on the endogenous growth theory, which has generated vast amounts of new research into the regulations and policies that encourage new ..

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