Nordhaus, a professor at Yale University, is best known for his work on climate economics. Romer, of New York University's Stern School of Business, is a proponent of a theory that examines how the world can achieve sustainable growth.
The Nobel Prize in Physics was on Tuesday awarded with one half to James Peebles for his theoretical discoveries in physical cosmology and the other half jointly to Michel Mayor and Didier Queloz for discovering an exoplanet orbiting a solar-type star.
The trio were awarded for their study of the structure and function of the ribosome, one of life's core processes.
The Royal Swedish Academy of Sciences on Monday announced that American Paul Krugman has won the Nobel economics prize "for his analysis of trade patterns and location of economic activity."
American Yoichiro Nambu of the University of Chicago won half of the prize for the discovery of spontaneous broken symmetry in subatomic physics. Makoto Kobayashi and Toshihide Maskawa of Japan shared the other half of the prize for discovering the origin of the broken symmetry that predicts the existence of at least three families of quarks in nature.
French novelist Jean-Marie Gustave Le Clezio has been awarded the 2008 Nobel Prize for Literature.
Banerjee, 58, was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology.
Free trade proponents to be tapped for Nobel economics prize
The Nobel Prize for Economics was awarded to Edmund S. Phelps of the United States, the Royal Swedish Academy of Sciences announced on Monday.
The Karolinska Institute cited his studies of the molecular basis of eukaryotic transcription in awarding him the 10 million kronor (1.37 million dollar) prize.
In its citation, the academy said Pamuk, who lives and works in Istanbul, "in the quest for the melancholic soul of his native city has discovered new symbols for the clash and interlacing of cultures."
The pair won the prize "for having enhanced our understanding of conflict and cooperation through game-theory analysis," the Royal Swedish Academy of Sciences said.
Two Americans, German win Nobel Physics prize
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Peter Agre and Roderick MacKinnon have won for discoveries concerning channels in cell membranes.
Jacques Dubochet, Joachim Frank and Richard Henderson have received the prize for developing an effective method for generating 3D images of life-building structures.
French writer Patrick Modiano has won the Nobel Prize for Literature, The Swedish Academy said on Thursday.
The Nobel Prize committee has given up trying to reach musician Bob Dylan, days after he was awarded the Nobel Prize for Literature.
Dylan, 75, was honoured "for having created new poetic expressions within the great American song tradition," the Swedish Academy said.
She paved the way for potato vodka and gluten-free baking. 300 years ago! And that's only two of the many cool things about this Swedish scientist the world is talking about.
Two American scientists and one from Germany have won the Nobel prize for chemistry for the development of super-resolved fluorescence microscopy.
British author and Nobel Literature laureate Doris Lessing died in London on Sunday, BBC reported. She was 94.
Kazuo Ishiguro has written eight books, as well as scripts for film and television, the Academy said.
Subra Suresh is one of the only 16 living Americans to be elected to all three national academies, the IOM, the National Academy of Sciences and the National Academy of Engineering.
Author Alice Munroe, has been named the winner of the Nobel Prize for Literature on Thursday. The 82-year-old is the first Canada-based writer to win the honour.
'Did the Nobel committee, reviled for awarding Mr Dylan, play a little inside joke this time around, by awarding another lyricist who was once an aspiring musician?' asks Uttaran Das Gupta.
'He was nominated for the Nobel Prize 9 times and several scientists wrote to the academy pointing out the injustice.' Ambassador T P Sreenivasan remembers E C G Sudarshan, the legendary physicist who passed into the ages on Monday, May 14.
India has remained obsessed with cheap capital and infrastructure spending when instead the central constraint on Indian development remains the abysmal quality of Indians' skills, says Mihir Sharma.
Deaton was at a loss when asked what the future held.
Blue light-emitting diodes help create the glowing screens of mobile phones, computers and TVs and promises to revolutionise the way the world lights its homes and offices.
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