Nobel Memorial Prize in Economics Set for Announcement
The Nobel memorial prize in economics, the final award of the cycle, will be announced in Stockholm by the Royal Swedish Academy of Sciences.
Miami Fort Lauderdale, FL, October 12, 2026 — The Royal Swedish Academy of Sciences in Stockholm is preparing to announce the recipient of the Nobel Memorial Prize in Economic Sciences. This marks the final award ceremony in the annual cycle of Nobel Prizes.
The precise date and time for the announcement of the economics prize were not detailed in the provided information, but it traditionally concludes the series of Nobel Prize announcements each year. The prize, officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is often referred to as the Nobel Prize in Economics.
Established by Sweden’s central bank, Sveriges Riksbank, in 1968, the prize is awarded for outstanding contributions to economics. The laureate selection process is managed by the Royal Swedish Academy of Sciences, which is responsible for choosing the winners based on their academic and research achievements. The academy’s committee rigorously evaluates candidates nominated by qualified individuals and institutions worldwide.
The awarding of this prize follows the announcements of Nobel Prizes in other disciplines, including Physics, Chemistry, Physiology or Medicine, Literature, and the Peace Prize. The economic sciences prize is the last of these prestigious awards to be revealed, drawing significant attention from the global academic and financial communities.
Details regarding the specific criteria for this year’s award, the nominees, or the final selection were not made available in the summary. The announcement is expected to highlight significant advancements or influential work within the field of economics, recognizing individuals who have made seminal contributions to the discipline.
The Royal Swedish Academy of Sciences is a well-established institution with a long history of recognizing scientific excellence. Its role in selecting the laureates for the economic sciences prize underscores the importance and academic rigor associated with this award. The formal announcement is anticipated to be made in Stockholm, adhering to the established traditions surrounding the Nobel Prizes.
Story summarized from the original created by By KOSTYA MANENKOV and STEFANIE DAZIO, Associated Press on www.local10.com, see more information here.
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