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Why was Richard Stone awarded the Noble Prize in Economics in 1984?

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Why was Richard Stone awarded Noble Prize Economics in1984?Name: Richard Stone.
Real Name: John Richard Nicholas Stone.
Country: United Kingdom.
Date of Birth: August 30, 1913.
Died: December 06, 1991.
Education: Graduation from Gonville and Caius College, and Doctor of Phiosophy from Cambridge King’s College in Cambridge.
Subjects Of Study: National income accounting.
Popularly Known: The father of national income accounting.
Profession: Economist.
Noble Prize Year: Nobel Prize for Peace in 1984, for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis.

He won the Nobel Memorial Prize in Economic Sciences in 1984 for developing an accounting model that could be used to track economic activity on a national, and then later an international, scale.

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