20 17 Nobel Prize in Economics is held in Sweden. According to the official website of the Nobel Prize for Public Information, the 20 17 Nobel Prize in Economics was announced in Stockholm and Richards, Sweden on the 9th local time. American economist Taylor won the award. 1968, the Bank of Sweden added the Nobel Prize in Economics, which is called the Swedish Bank Economics Award in memory of alfred nobel, also known as the Swedish Bank Economics Award. This award was first awarded in 1969, more than half a century later than other awards. The Nobel Prize in Economics can be awarded to one person or shared by up to three people. Its main purpose is to commend the contributions made by relevant personnel in the fields of macroeconomics, microeconomics and new economic analysis methods.