In which year did Prof. Amartya Sen receive the Nobel Prize in Economics?
Amartya Sen, awarded the Nobel Prize in Economics in 1998, is a distinguished economist known for his contributions to welfare economics. His “capability approach” evaluates human well-being beyond traditional measures, emphasizing individual freedoms and opportunities in diverse dimensions such as health and education.
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Prof. Amartya Sen was awarded the Nobel Prize in Economic Sciences in 1998. He received the prize for his contributions to welfare economics and his work on poverty, famine, and social choice theory. Amartya Sen’s research has significantly influenced our understanding of the economic and social factors that affect well-being and development.