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Oxford author wins 2015's Nobel Prize for Economics

October 13, 2015

Understanding Consumption

It has been announced that Angus Deaton, Dwight D. Eisenhower Professor at Princeton University, has been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015. Citing his outstanding "analysis of consumption, poverty, and welfare", the Royal Swedish Academy of Sciences went on to say of Professor Deaton's outstanding contribution and advancement to the field of economics: 

"To design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices. More than anyone else, Angus Deaton has enhanced this understanding. By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics."

To celebrate this amazing accolade, we've made the introduction of his book, Understanding Consumption, as well as other chapters he's penned, freely available for a limited time on Oxford Scholarship Online:

Professor Deaton's works also feature on Chicago Scholarship Online and British Academy Scholarship Online, and he joins the ranks of other Economics Nobel Prize winners who have work on University Press Scholarship Online. Get access to these Nobel Prize winning works, as well as almost a thousand other Economics and Finance titles, by recommending UPSO to your librarian today.