The first Nobel Prize was given in 1901 for Physics, Chemistry, Physiology or Medicine, Literature, and Peace, while the Economics Nobel Prize was not created until 1968. Now, each prize carries with it an award of 8 million Swedish Krona (more than $1 million USD).
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The first Nobel Prize was given in 1901 for Physics, Chemistry, Physiology or Medicine, Literature, and Peace, while the Economics Nobel Prize was not created until 1968. Now, each prize carries with it an award of 8 million Swedish Krona (more than $1 million USD).