Question

    Amartya Sen received the Nobel Prize in Economic

    Sciences for his groundbreaking work in which field?
    A Monetary Economics Correct Answer Incorrect Answer
    B Welfare Economics Correct Answer Incorrect Answer
    C Econometrics Correct Answer Incorrect Answer
    D Development Economics Correct Answer Incorrect Answer

    Solution

    Amartya Sen was awarded the Nobel Prize in 1998 for his contributions to welfare economics. His work significantly advanced the understanding of economic theories concerning poverty, welfare, and the mechanisms of social choice.

    Practice Next

    Relevant for Exams: