Department of Economics

Organization 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

Fingerprint 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.

  • Network Recent external collaboration on country level. Dive into details by clicking on the dots.


    No photo of Arttu Ahonen

    Arttu Ahonen

    Person: Doctoral students

    Photo of Manuel Bagues Fernandez

    Manuel Bagues Fernandez

    Person: Professors, fixed term

    No photo of Mehmet Benzer

    Mehmet Benzer

    Person: Doctoral students, Doctoral studies




    Toivanen, O.


    Project: Other external funding: Other government funding

    Economic impacts of medication

    Liski, M. & Nokso-Koivisto, E.


    Project: Other external funding: Other domestic funding

    Kehitystaloustieteen työelämäprofessuuri

    Välimäki, J. & Benzer, M.


    Project: Other external funding: Other government funding

    Research Output

    Aaltovaikutus = The Aalto Effect

    Hölttä, M. (ed.), Flowers, A. (ed.), Hopiavaara, R. (ed.), Särkisilta-Lundberg, R. (ed.), Tolonen, A. (ed.), Seppälä, H. (ed.), Norjamäki, N. (ed.), Rosin, S. (ed.), Ollikainen, T. (ed.), Kinnunen, K. (ed.), Aulanko-Jokirinne, T. (ed.), Syri, S., Lundström, M., Malmi, T., Saarimaa, T., Helke, S., Kaski, S., Mäkelä, M., Mladenovic, M. & Remes, H., 2019, Aalto University. 198 p. (Aalto-yliopiston julkaisusarja CROSSOVER; vol. 2019, no. 4)

    Research output: Book/ReportAnthologyProfessional

    Open Access

    AEI-raportti : Kohti hiiletöntä liikennettä - ehdotus mekanismiksi - Taloustieteellinen tarkastelu liikenteen päästövähennyskeinoista

    Liski, M., Nokso-Koivisto, E., Nurmi, E. & Vehviläinen, I., 2019, AALTO-YLIOPISTO. 24 p. (Aalto-yliopiston julkaisusarja KAUPPA + TALOUS; vol. 2019, no. 2)

    Research output: Book/ReportCommissioned reportProfessional

    Open Access

    Agricultural extension, intra-household allocation and malaria

    Pan, Y. & Singhal, S., 1 Jun 2019, In : JOURNAL OF DEVELOPMENT ECONOMICS. 139, p. 157-170 14 p.

    Research output: Contribution to journalArticleScientificpeer-review

    Open Access
  • 91 Downloads (Pure)


    Amartya Sen Prize, Yale University, Global Financial Integrity and Academics Stand Against Poverty

    Matti Ylönen (Recipient), 2015

    Prize: Award or honor granted for a specific work

    Award for promoting economics in Finland, Yrjö Jahnsson Foundation

    Matti Pohjola (Recipient), 2008

    Prize: Award or honor granted for a specific work


    University of St Andrews

    Seppo Honkapohja (Visiting researcher)
    10 Sep 201917 Sep 2019

    Activity: Visiting an external institution typesVisit abroad

    Yale University

    Juuso Välimäki (Visiting researcher)
    7 Apr 201928 Apr 2019

    Activity: Visiting an external institution typesVisit abroad

    Evaluation for professorship

    Juuso Välimäki (Examiner)
    31 Dec 2019

    Activity: Examination typesStatement of assessment of professorship