Nobel prize in economics to be announced
The Swedish Academy is due to unveil [ʌnˈveɪl] this year's winner of the Nobel Prize in economics [ˌɪkəˈnɔmiks，ˌiːkəˈnɒmɪks，ˌekə-]nclick="document.getElementById.src='http://res.iciba.com/resource/amp3/1/0/6b/9e/6b9ed75dae7a1e692073fc400b558ea4.mp3'" src="http://www.spiiker.com/js/editer/play.gif"> on Monday.
It follows the announcements last week of the prizes in medicine [ˈmedisin]nclick="document.getElementById.src='http://res.iciba.com/resource/amp3/1/0/d9/e5/d9e5d212320e7d96e921831554be696d.mp3'" src="http://www.spiiker.com/js/editer/play.gif">, physics [ˈfiziks], chemistry [ˈkemistri]
nclick="document.getElementById.src='http://res.iciba.com/resource/amp3/0/0/dc/e0/dce09f281c35f49c2f58ea7580b530b7.mp3'" src="http://www.spiiker.com/js/editer/play.gif">, literature [ˈlitəritʃə] and peace [pi:s].
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].
The Nobel Memorial Prize in Economic Sciences was established in 1968 by the Central Bank of Sweden in memory [ˈmeməri]of Alfred Nobel. It is given by the Royal Swedish Academy of Sciences, which since 1901 has been awarding the prizes for achievements in the aforementioned fields.
