Department of Economics

Organisation profile

Profile Information

The Department of Economics is an active academic unit where teaching and societal contribution are based in its research. The department operates within the Helsinki Graduate School of Economics together with the economics departments of the University of Helsinki and Hanken School of Economics.

The main focus area of the department is applied microeconomics. The most important research fields are:

  • Microeconomic Theory
  • Empirical Microeconomics (including labor economics and policy evaluation)
  • Economics of Competition and Innovation
  • Environmental and Resource Economics

Researchers at the department are active participants in the international academic community and they also engage in societal debates. The departmental platform for collaboration with the society, Aalto Economic Institute, makes the expertise of individual researchers more accessible to the society at large.

Examples of current research projects at the department include

Microeconomic Theory

  • Incentives and Efficiency When Participation is Costly
  • Entry and Exit in Energy Markets
  • Dynamic Incentive Theory

Empirical Microeconomics

  • Allocation of talent
  • What Makes an Innovator?
  • Economics of Gender

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. Our work contributes towards the following SDG(s):

  • SDG 1 - No Poverty
  • SDG 2 - Zero Hunger
  • SDG 3 - Good Health and Well-being
  • SDG 4 - Quality Education
  • SDG 5 - Gender Equality
  • SDG 7 - Affordable and Clean Energy
  • SDG 8 - Decent Work and Economic Growth
  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 10 - Reduced Inequalities
  • SDG 11 - Sustainable Cities and Communities
  • SDG 12 - Responsible Consumption and Production
  • SDG 13 - Climate Action
  • SDG 14 - Life Below Water
  • SDG 15 - Life on Land
  • SDG 16 - Peace, Justice and Strong Institutions


Dive into the research topics where Department of Economics is active. These topic labels come from the works of this organisation's members. Together they form a unique fingerprint.

Collaborations and top research areas from the last five years

Recent external collaboration on country/territory level. Dive into details by clicking on the dots or
  • Czech National Bank

    Seppo Honkapohja (Visiting researcher)

    10 Nov 202213 Nov 2022

    Activity: Visiting an external institution typesVisiting an external academic institution

  • Public Examination of PhD thesis

    Seppo Honkapohja (Examiner)

    15 Jun 2022

    Activity: Academic assessments Pre-examination of doctoral thesis or acting as opponent to doctoral students or membership of doctoral thesis committee or board

  • Talousvaliokunta, asiantuntijakuuleminen

    Iivo Vehviläinen (Advisor)

    27 Sept 2022

    Activity: Commercial, industrial or non-academic activitiesConsultancy and expert advice (including statements)