On 16^th September, Professor Finn E. Kydland, awardee of the Nobel Prize in Economics in 2004, Henley Professor of Economics at the University of California, Santa Barbara, delivered a lecture entitled “First Lecture for the New Students: How to study Economics Effectively” and an academic seminar entitled “The Uncertainty of Global Business Cycle” at School of Economics Peking University.

Accordingly, Academic Committee of School of Economics decided to confer upon him the title of Honorary Professor. Professor Wang Bo, Vice President of Peking University, presented Professor Kydland with a certificate. Professor Dong Zhiyong, Dean of School of Economics Peking University, presented Professor Kydland with a commemorative plate.

Prof. Wang Bo presenting Prof. Finn E. Kydland with the certificate of Honorary Professorship

Prof. Dong Zhiyong presenting Prof. Finn E. Kydland with the commemorative plate

Biography of Prof. Finn Erling Kydland

Finn Erling Kydland (born 1 December 1943) is a Norwegian economist known for his contributions to business cycle theory. He is the Henley Professor of Economics at the University of California, Santa Barbara. He also holds the Richard P. Simmons Distinguished Professorship at the Tepper School of Business of Carnegie Mellon University, where he earned his Ph.D., and a part-time position at the Norwegian School of Economics (NHH). Kydland was a co-recipient of the 2004 Nobel Memorial Prize in Economics, with Edward C. Prescott, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.”