Their theories `` help us understand the ways in which unemployment , job vacancies and wages are affected by regulation and economic policy , '' the academy said . The Nobel Prize for economic sciences for economic sciences has been awarded 1969 since every year . It is worth about about $ 1.47 million , or 10 million Swedish kronor . Prizes for peace , literature , chemistry , physics and medicine have been awarded .
The Nobel Prize for economic sciences for economic sciences has been awarded 1969 since every year . It is worth about about $ 1.47 million , or 10 million Swedish kronor . Prizes for peace , literature , chemistry , physics and medicine have been awarded .