Harvard and MIT Professors Win 2019 Nobel Prize in Economics

Image Credit: Bryce Vickmark

It is an exciting week at edX as we congratulate three professors from Harvard and MIT, edX’s founding university partners, that were awarded the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel on Monday morning. It is also exciting that two of the professors teach courses on edX. 

MIT Professors Abhijit Banerjee and Esther Duflo, and Harvard Professor Michael Kremer, were jointly awarded the prize for their highly innovative research in the area of development economics, focusing on the use of field experiments to identify the most effective social policies and programs. Through this work, they have transformed their field and changed how governments and agencies around the world intervene to help people in poverty. Duflo and Banerjee also co-founded MIT’s Abdul Latif Jameel Poverty Action Lab (J-PAL) in 2003, which has now become a major center of research, facilitating work across the world.

Duflo and Banerjee created and serve as lead instructors for the MITx MicroMasters® program in Data, Economics, and Development Policy. Courses they teach include The Challenges of Global Poverty, Foundations of Development Policy, Data Analysis for Social Scientists, and Political Economy and Economic Development. Duflo is also one of the instructors for the MicroMasters program in Statistics in Data Science. We are honored to work together with Harvard and MIT to make these incredible courses, taught by Nobel Prize-winning professors, available to all learners, everywhere. 

Please join us in our heartfelt congratulations to the entire Nobel Prize winning team for this accomplishment!