The R. K. Cho Economics Prize is one of the most prestigious awards to economists, and it is awarded by Yonsei University in Seoul, South Korea.

It has been awarded to scholars in the field of economics who have contributed to the development of scholarship and education. As of 2026, the prize includes a plaque, a medal, and a monetary award of 100 million KRW (approximately, 70 thousand USD). 

It was established in 2007 with an endowment from the late Mr. Rakkyo (R. K.) Cho, the president of Samryoong Co. and the chairman of Yongwoon Foundation, as well as an alumnus of Yonsei University's Economics Department. Cho was motivated to establish the prize to promote the research excellence of Korean economists and thereby to support the sustained growth of the Korean economy by enhancing their academic accomplishments. Originally restricted to South Korean scholars, the prize became open to international recipients in 2015.