Ragnar Frisch

Ragnar Frisch

Ragnar Anton Kittil Frisch was an influential Norwegian economist and econometrician known for being one of the major contributors to establishing economics as a quantitative and statistically informed science in the early 20th century. He coined the term econometrics in 1926 for utilising statistical methods to describe economic systems, as well as the terms microeconomics and macroeconomics in 1933, for describing individual and aggregate economic systems, respectively. He was the first to develop a statistically informed model of business cycles in 1933.

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Lifespan
1895 – 1973
Quotes
24
Influenced By
0
Influenced
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Career Journey

Background

Born in
Christiania
Educated at
University of Oslo
Awards
🏆 Prize in Economic Sciences in Memory of Alfred Nobel🏆 Fellow of the Econometric Society🏆 Fellow of the Institute of Mathematical Statistics🏆 Honorary Doctor of Stockholm University of Economics
Doctoral Students
📖 Olav Reiersøl

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Works & Publications

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Timeline

  • 1895

    Born

    Birth
  • 1973

    Died

    Death

Influenced By

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Source Attribution

Information about Ragnar Frisch is sourced from curated knowledge bases and cross-referenced for accuracy. Influence relationships are scored by thematic overlap and historical plausibility.