Three American experts have been selected for the Nobel Prize in Economics

Stockholm: The Nobel Prize is awarded every year to those who achieve achievements in the fields of medicine, physics, chemistry, economics, peace and literature. This year’s Nobel Prizes for Medicine, Chemistry, Physics, Peace and Literature have already been announced.

In this case, the Nobel Prize for Economics was announced yesterday. The prize is awarded to Ben S. Bernack, Douglas Dimond, Philip H. Dwick, USA, for their research on banking and financial crisis. Their research has been hailed by the prize committee as improving how financial crises are dealt with.