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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1981 was awarded to James Tobin for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices.

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Q: Why did James Tobin win The Prize in Economic Sciences in 1981?
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Who were 10 economists and what were their contributions?

1. Fan Li is recognized in most circles as the earliest economist. He worked during the Chinese Spring and Autumn Period and used the concept of buying low and selling high in the feudal agrarian society of Ancient China.2. Richard Cantillon lived in the 18th century and wrote Essai Sur la Nature du Commerce en Général, making him one of the first economic writers.3. David Hume a Scottish historian and philosopher, was also an early founder of economic concepts and is considered to be one of the "classical economists"4. John Stuart Mill a British political economist and philosopher, John Stuart Mill was a recognized contributor to political economy, social theory, and political theory.5. Carl Menger is the founder of the Austrian School of Economics and was selected to lead a commission to change the Austrian monetary system.6. John Maynard Keynes, a British economist, was the creator of Keynesian economics. He was also the founder of modern theoretical macroeconomics.7. James Tobin, An American economist and Nobel Prize Laureate, James Tobin served on the Council of Economic Advisors and the Board of Governors of the Federal Reserve System.8. Paul Krugman is a 2008 Nobel Memorial Prize in Economic Sciences winner and a supporter of modern liberal policies.9. Fengbo Zhang, Dr. Zhang is a leading Chinese economist who introduced Western Economics to China, also the founder of China GDP and Macroeconomic Research.10. Ludwig von Mises was a social philosopher who created a conclusive science of economics founded on the idea that individual human beings act on purpose in order to achieve goals.Source: Wikipedia http://www.paidemployment.co.uk/Articles/AID00110.aspx


Related questions

Who won The Prize in Economic Sciences in 1981?

James Tobin won The Prize in Economic Sciences in 1981.


What Nobel Prize did James Tobin win and when was it awarded?

James Tobin won The Prize in Economic Sciences in 1981.


What is James Tobin's birthday?

James Tobin was born on March 5, 1918.


When was James Tobin born?

James Tobin was born on March 5, 1918.


When did James Tobin die?

James Tobin died on March 11, 2002 at the age of 84.


When was James Tobin - presenter - born?

James Tobin - presenter - was born on 1980-04-01.


How old is James Tobin?

James Tobin was born on March 5, 1918 and died on March 11, 2002. James Tobin would have been 84 years old at the time of death or 97 years old today.


Is James tobin gay?

Definitely!! He has a boyfriend!


What has the author James Tobin written?

James Tobin has written: 'The very inappropriate word' -- subject(s): Schools, Swearing, Vocabulary, Fiction 'First to fly' -- subject(s): Aeronautics, History


What is James Tobin of Boston Scientific's email address?

tobinj1@bsci.com tobinj1@bsci.com


What has the author James Edward Tobin written?

James Edward Tobin has written: 'College book of English literature' -- subject(s): English literature 'Eighteenth century English literature and its cultural background' -- subject(s): English literature, Bibliography


What is the birth name of Elayne Tobin?

Elayne Tobin's birth name is Elayne Louise Tobin.