Every year, the Nobel Prizes (
Each prize winner gets a medal, a diploma and a sum of money. In 1901, the winners of the first Nobel Prizes were given 150,782
These are the committees and institutions who decide which people receive a Nobel Prize:
The Nobel Prize in Economics was not a part of Nobel's will. It was started in 1969 by Sveriges Riksbank, the Bank of Sweden. The bank donated money to the Nobel Foundation for the Economics Prize in 1968. The Economics Studies Prize is in the memory of Alfred Nobel. It is awarded each year with the other Nobel prizes.