Ragnar Frisch

Categories: Finance,

A Norwegian economist and joint winner in 1969 of the very first Nobel Prize in Economics, along with jan tinbergen, for his research in econometrics. Ragnar Frisch's other areas of research included time series, linear regression analysis, production theory and business cycles. He worked to establish economics as a science, founded the Econometric Society, and coined the terms "econometrics," "microeconomics" and "macroeconomics."