Dr. Amartya Kumar Sen was awarded the Nobel Prize for his contribution to…
2013
Dr. Amartya Kumar Sen was awarded the Nobel Prize for his contribution to which one of the following fields?
- A.
Labour Economics
- B.
Marketing Economics
- C.
Monetary Economics
- D.
Welfare Economics
Attempted by 14 students.
Show answer & explanation
Correct answer: D
Dr. Amartya Kumar Sen, an Indian economist and philosopher, was awarded the 1998 Nobel Memorial Prize in Economic Sciences for his contributions to welfare economics. His work covered social choice theory, definitions and measurement of poverty and inequality, and studies of famine, restoring an ethical dimension to economic analysis.