• John R. Hicks was a neo-Keynesian economist.

  • He was known for his extensive contributions to microeconomic and macroeconomic theory.
  • His major contributions to economics include advances in microeconomics of prices and utility, the Hicks compensation criterion in welfare economics, and the IS-LM model in macroeconomics.
  • Hicks was awarded the Nobel Prize in 1972 for his work in general equilibrium and welfare economics.
  • Hicks was born in 1904 and died at the age of 85 in 1989.