Lawrence Klein studied mathematics at LACC during the onset of World War II. He completed his undergraduate studies in economics and mathematics at UC Berkeley before earning his Ph.D. in Economics at M.I.T., studying under Paul Samuelson. He was awarded the Nobel Memorial Prize in Economic Sciences in 1980 “for the creation of econometric models and their application to the analysis of economic fluctuations and economic policies.” The tools he created are still used by the Federal Reserve Bank and other central banks today.