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Angus Deaton
  • 2015 Nobel Prize in Economics

Intro

British-American economist and academic. Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Woodrow Wilson School of Public and International Affairs and the Economics Department at Princeton University. In 2015, he was awarded the Nobel Memorial Prize in Economic Sciences "for his analysis of consumption, poverty, and welfare"

Education and Work Experience

1974, Ph.D., University of Cambridge
1976-1983, Professor of Economics, University of Bristol
1983-Present, Dwight D. Eisenhower Professor,Emeritus of Economics and International Affairs, Woodrow Wilson School and Department of Economics, Princeton University
2017-Present, Presidential Professor of Economics, University of Southern California

Honors and Awards

1992, Fellow of the American Academy of Arts and Sciences 2009, President of the American Economic Association 2015, Member of the National Academy of Sciences
2015, Nobel Prize in Economics

Major Academic Achievements

Consumption of goods and services plays a critical role in human welfare. The understanding of these relationships is crucial for designing economic policy. Angus Deaton has examined the consumption of individuals how this relates to economic development in society at large. His research deals with how consumption depends on prices, puts consumption in relation to savings and incomes, and shows how data on consumption can be used to analyze welfare, poverty, and economic development.