1

II. Theory of Value, General Equilibrium, Game Theory, Welfare i

Nobel Laurate Contribution Mode
Samuelson, Paul A. General Economics Class
Hicks, John R General Equilibrium and Student I
Arrow, Kenneth J Welfare theory
Gerard Debreu Theory of Value Class
Allais, Maurice Markets and efficiency Class
Ronald Coase Coase Theorem Class
Nash John General Equilibrium Student II
John Harsanyi

III. Statics, Dynamics, Macromodels, Econometrics, Quantitative Economics

Nobel Laurate Contribution Mode
Frisch, Ragner Dynamic models for economic Student III
Tinbergen, Jan analysis Student IV
Klein, Lawrence R Econometric models Class
Haavelmo, Trygve Econometric models Class
North, Douglas Student V
Fogel, Robert W. Quantitative Economics Student VI

IV. Macroeconomics, Monetary Economics, and Financial Economics

Nobel Laurate Contribution Mode
Friedman, Milton Consumption and Monetary Class
Tobin, James Analysis of Financial Markets Class
Modigliani, France Macroeconomics Class
Markowitz, Harry M Financial Economics
Sharpe, William F Student VII
Miller, Merton H &Student VIII
Scholes, Myron Valuation of Derivatives
Merton, Robert C Student IX
Meade, James E International Trade and capital
Ohlin, Bertil flows Student X
Fiscal, Monetary and Exchange rate
Mundell, Robert A regimes Class

2
V. Economic Development and Growth, Input- Output Analysis, Economic and Social Systems
Nobel Laurate Contribution Mode
Kuznets, Simon Economic growth Class
Shultz Theodore W Economic Development
Lewis SirW. Arthur Student XI
Solow, Robert M Economic growth Class
Leontief Input and Output analysis Class
Hayek, Fredriech Student XII &
Myrdal, Gunnar Economic and social systems Student XIII

3
i
Letters in bold indicate joint winners of Nobel