Ragnar Frisch (1895-1973) was a Norwegian economist, joint winner with Jan Tinbergen of the first Nobel Memorial Prize in Economic Sciences, awarded in 1969. He coined the term econometrics in 1926 and the terms microeconomics and macroeconomics in 1933, and co-founded the Econometric Society, shaping economics as a quantitative, model-based discipline. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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Source History of Economic Thought Website: Ragnar Frisch profile
Debated With
Jan Tinbergen, Economists Why this is disputed. Tinbergen's econometric modelling drew a lively multi-party methodological debate naming Frisch directly; the two also shared the first Nobel Memorial Prize in Economic Sciences (1969) for jointly developing dynamic economic models. First direct edge between them on this atlas; both were hollow (in-category only) before this row.
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Source Ragnar Frisch (Wikipedia)Lead sentence 1Quote, Lead sentence 1
Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was an influential Norwegian economist and econometrician known for being one of the major contributors to establishing economics as a quantitative and statistically informed science in the early 20th century.
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1. Ragnar Frisch (Wikipedia)
Wikimedia FoundationLead section
He coined the term econometrics in 1926 for utilising statistical methods to describe economic systems, as well as the terms microeconomics and macroeconomics in 1933.
Infobox, Born field
3 March 1895
Infobox, Died field
31 January 1973
In Group: Mathematical Economists and Econometricians, Lead
Ragnar Anton Kittil Frisch (3 March 1895-31 January 1973) was an influential Norwegian economist and econometrician known for being one of the major contributors to establishing economics as a quantitative and statistically informed science in the early 20th century.
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Wikimedia FoundationDebated With: Jan Tinbergen, Jan Tinbergen, Econometrics sectionQuote, Debated With: Jan Tinbergen, Jan Tinbergen, Econometrics section
Tinbergen's econometric modelling lead to a lively debate with several known participants including J.M. Keynes, Ragnar Frisch and Milton Friedman.
History of Economic Thought Website: Ragnar Frisch profile
History of Economic Thought WebsiteAssociated With School: Neoclassical Economics, Profile pageQuote, Associated With School: Neoclassical Economics, Profile page
In the 1920s, he began lecturing on production theory, constructing in the process much of the formal Neoclassical theory of production .
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