The Prize in Economic Sciences 2015 – Press Release

Consumption, great and small
To design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices. More than anyone else, Angus Deaton has enhanced this understanding. By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics.

via The Prize in Economic Sciences 2015 – Press Release