About Chicago Booth

Gary Becker

Nobel Prize in Economic Sciences, 1992

Gary Becker won the prize for extending the domain of microeconomic analysis to include a wide range of human behavior and interaction, including non-market behavior.

Becker extended the domain of economic theory to aspects of human behavior which had previously been dealt with by other social science disciplines such as sociology, demography, and criminology. Read the announcement »

Becker is among seven scholars associated with Chicago Booth to receive a Nobel Prize, including George Stigler, 1982; Merton Miller, 1990; Ronald Coase, 1991; Robert Fogel, 1993; Myron Scholes, 1997; and Eugene Fama, 2013.

Becker, AM '53, PhD '55, won the 1992 Nobel Prize in Economic Sciences "for having extended the domain of microeconomic analysis to a wide range of human behavior and interaction, including non-market behavior." He also is the Rose-Marie and Jack R. Anderson Senior Fellow at the Hoover Institution, a research associate of the Economics Research Center at the National Opinion Research Center, and an associate member of the Institute of Fiscal and Monetary Policy for the Ministry of Finance in Japan.

Becker earned a master's degree and a PhD from the University of Chicago, where he was inspired by Milton Friedman. His doctorate was awarded in 1955. He was an assistant professor in economics at the University of Chicago from 1954 to 1957, then taught at Columbia University from 1957 to 1969, before he returned to Chicago. A long-time faculty member of the University of Chicago, Becker joined Chicago Booth in 2002.

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