The R. K. Cho Economics Prize is awarded by Yonsei University in Seoul, South Korea to academics in the field of economics who have contributed to the development of scholarship and education.

[1] As of 2018, the prize includes a plaque, a medal, and a monetary award of ₩100 million.

[2] The prize was established in 2007 with an endowment from R. K. Cho, the president of Samryoong Co. (KRX: 014970) and an alumnus of Yonsei University's economics department.

[3] Cho was motivated to create the award after seeing the results of his prior humanities-focused donations to Yonsei University, and hoped the prize could help to connect students of his alma mater and famous South Korean economists overseas.

[4] Originally awarded only to South Korean citizens, in 2015 the prize was opened to foreign scholars as well.