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  1. **Submission Statement**

    As announced by the Nobel Prize Comitee:
    “[The Royal Swedish Academy of Sciences](http://www.kva.se/en/)
     has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 to

    **Daron Acemoglu**
    Massachusetts Institute of Technology, Cambridge, USA

    **Simon Johnson**
    Massachusetts Institute of Technology, Cambridge, USA

    **James A. Robinson**
    University of Chicago, IL, USA

    *“for studies of how institutions are formed and affect prosperity”*

    # They have helped us understand differences in prosperity between nations”

    Daron Acemoglu was awarded the Nobel Price in Economy 2024 for his research in his “Institutional Theory” and how the turkish economy reacts to complex changes in the Environment.

    This Introductionary article explains Acemoglus Studies in more detail and gives an overview of his thought models.

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