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Explain (1) why the Nobel Prize in Economics in 2019 was awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer, and (2) whether/why students studying

Explain

(1) why the Nobel Prize in Economics in 2019 was awarded to Abhijit Banerjee, Esther Duflo, and Michael Kremer, and

(2) whether/why students studying managerial economics should be especially interested.

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