Vernon Smith, the Kansas University alumnus who won the 2002 Nobel Prize for economics, will return to campus this month for a lecture.

Smith will deliver “World Issues and the Role of the Economist” at 7 p.m. Wednesday in Woodruff Auditorium in the Kansas Union.

Smith, well-known in the field of experimental economics, recently participated in the Copenhagen Consensus, which drew some of the world’s top economists to answer the question, “How would you spend $50 billion on the world’s most pressing issues?”

Smith received his degree from KU in 1952 and is the only KU graduate to have received a Nobel Prize.