The economic sciences prize 2024 is about why certain countries are rich and others are poor. By studying the various political and economic systems introduced by Europeans into their colonies from the sixteenth century on, Daron Acemoglu, Simon Johnson and James Robinson have been able to demonstrate a link between societal institutions and prosperity. They have also developed theoretical tools that can explain why differences in prosperity persist and how institutions can change.
This is a ready to use Nobel Prize lesson on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024. The lesson is designed to take 45 minutes and includes a slideshow with a speaker’s manuscript, a video and a student assignment.
1. Show an introduction (1 minute)
2. Show the slideshow (15 min)
Show the slides, using the speaker’s manuscript.
Speaker’s Manuscript (PDF 200 Kb)
3. Show the interview (5 min)
4. Student assignment (15 min)
Let the students work with the assignment.
Student assignment (PDF 325 Kb)
5. Conclusion (10 min)
Summarise the work with the assignment and capture any questions from the students.
Links for further information
Press release for the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
A Swedish version of the lesson is available at nobelprizemuseum.se
More about the Nobel Prize and its founder in the lesson “Alfred Nobel and the Nobel Prize”