News of Bahrain
World12 October 20151 min read

US-British Angus Deaton wins Nobel Economics Prize

Angus Deaton of Britain and the United States won the Nobel Economics Prize on Monday for his work on consumption, poverty and welfare, the jury said. By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, ma

Editorial Team Legacy

Published 12 October 2015, 8:00 · Updated 21:26

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US-British Angus Deaton wins Nobel Economics Prize

Angus Deaton of Britain and the United States won the Nobel Economics Prize on Monday for his work on consumption, poverty and welfare, the jury said.

By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics, the Royal Swedish Academy of Sciences said.

PC:the guardian:handout

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