The first Nobel Prize in Economics was awarded to;
Answer: (2) Jan Tinbergen and Ragnar Frisch
The first Nobel Prize in Economic was awarded to Jan Tinbergen and Ragnar Frisch. Nobel Prize in Economic awarded to those personalities who gives a great contribution in the field of economic. In 1968, this prize was established. This Prize is not one of the original Nobel Prizes created by Alfred Nobel’s will. According to the question the first Nobel Prize in Economics was awarded to Ragnar Frisch and Jan Tinbergen “for having developed and applied dynamic models for the analysis of economic processes”.