Nobel prize in economics to be announced

Nobel prize in economics to be announced

The Swedish Academy(瑞典皇家学院) is due to unveil [ʌnˈveɪl](公布) this year's winner of the Nobel Prize in economics [ˌɪkəˈnɔmiks，ˌiːkəˈnɒmɪks，ˌekə-](经济学) on Monday.

It follows the announcements(公布) last week of the prizes in medicine [ˈmedisin](医学), physics [ˈfiziks](物理), chemistry [ˈkemistri](化学), literature [ˈlitəritʃə](文学) and peace [pi:s](和平).

Last year, American Elinor Ostrom became the first woman to win the economics prize in its 40-year history when she shared it with Oliver Williamson for work on how community institutions can prevent conflict [ˈkɔnflikt](冲突).

The Nobel Memorial Prize in Economic Sciences(诺贝尔经济科学纪念奖) was established in 1968 by the Central Bank of Sweden(瑞典中央银行) in memory [ˈmeməri](纪念)of Alfred Nobel. It is given by the Royal Swedish Academy of Sciences(瑞典皇家科学学院), which since 1901 has been awarding the prizes for achievements(成就) in the aforementioned(之前所提到的) fields.