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Which award did Solow receive for his contributions to economics?

  • Nobel Prize

  • Pulitzer Prize

  • Fields Medal

  • Turing Award

Answer

Nobel Prize: Solow was awarded the Nobel Prize in Economics in 1987 for his groundbreaking contributions to Theory of economic growth. His seminal work, known as the Solow-Swan model, provided a framework for understanding the long-run determinants of economic growth, including the role of capital accumulation, technological progress, and population growth. This model has become a cornerstone of modern economic theory and policymaking.
Robert Solow Quiz-topia: 31 Questions to Explore Your Knowledge

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