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Academic Background of Nobel Laureates and Their Main Contribution to Economic Science

Author

Listed:
  • Florentina Xhelili-Krasniqi
  • Rahmije Mustafa-Topxhiu

Abstract

This paper examines how Nobel laureates' academic backgrounds relate to their economic contributions. The study covers laureates in Economics from 1969 to 2023 and reveals that 49% of laureates studied Economics at the undergraduate level, while the remaining 51% pursued other sciences. Moreover, 79% of laureates obtained their doctoral degrees in Economics and 21% in other sciences. The data also includes a breakdown of laureates' primary contributions in various fields of Economics, with the majority contributing to Macroeconomics (29%), followed by Microeconomics (15%) and Finance (14%), New Methods of Economic Analysis (19%), and General Equilibrium Theory (6%). The results further demonstrate that 17% of laureates have contributed to interdisciplinary research, establishing links between Economics and other sciences such as Psychology, History, Sociology, Philosophy, Politics, Law, and Organizational Sciences. This approach is a result of the diverse educational backgrounds of Nobel laureates.

Suggested Citation

  • Florentina Xhelili-Krasniqi & Rahmije Mustafa-Topxhiu, 2024. "Academic Background of Nobel Laureates and Their Main Contribution to Economic Science," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 186-202.
    • Handle: RePEc:bas:econst:y:2024:i:5:p:186-202
    as

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    References listed on IDEAS

    as
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    More about this item

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • B3 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals

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