News

Professorship of urban economics donated to Aalto University

The professorship will provide expertise to the question of cities’ urban vitality and industrial policy.

The cities of Helsinki, Espoo, Vantaa and Kauniainen, as well as Local Government Pensions Institution Keva, MuniFin Municipality Finance and the Association of Finnish Local and Regional Authorities donate a professorship of urban economics to Aalto University. The donation is worth EUR 2.5 million.

Expertise in urban economics supports the development of cities especially in terms of vitality, industrial policy, the benefits of concentration, land use and questions related to the location decisions of companies.

The professorship enables education of experts in the methods of urban economics. Cities continuously produce data about their activities, and this data can be utilised as the research of urban economics grows stronger. In addition, the professor and his/her community will support decision makers and ensure that development is managed in an economically, ecologically, socially and culturally sustainable manner.

'The significance of urban economics offering support to cities’ key decisions and design is growing in Finland, but there are currently no professors focused on urban economics. The professorship will help strengthen the competence base in the field, and for this reason, I want to express a warm thank you to the donors,' says Aalto University President Ilkka Niemelä.

Aalto University is committed to cover the total costs of the professorship for the next 20 years.

The professor will work closely with the Urban Academy and Helsinki Graduate School of Economics (Helsinki GSE). The Urban Academy strengthens the interaction between Aalto University, the cities and the University of Helsinki in order to secure sustainable urban development. Helsinki GSE is a joint project between Aalto University, Hanken School of Economics and the University of Helsinki, and it aims at constructing an internationally competitive graduate school and research unit of economics.

  • Published:
  • Updated:
Share
URL copied!

Read more news

ABB_Aalto_laitelahjoitus_Kuva_Aalto-yliopisto.jpg
Cooperation, Research & Art Published:

Closer cooperation between Aalto and ABB Marine & Ports

ABB Marine & Ports and their equipment supplier Typhoon HIL are donating six simulators for researcher and student use.
Räätälöity opiskelijaprojekti Pohjola Vakuutukselle_projektitiimi
Cooperation, Studies Published:

A student duo helped Pohjola Insurance map the preconditions for a digital insurance sales channel

The study focused on the needs of small business customers, for which the students sought fluid solutions from around the world.
Nainen ja mies huoltavat Konecranesin nosturia. Lähde: Konecranesin kuvapankki
Cooperation, Studies Published:

School of Business students took on the recruitment challenges at Konecranes

‘Project results will be used to build, sharpen, and target our ongoing and future recruitment campaigns for technicians’
Photo from Art & Tech Open Call Demo Day event.
Campus, Cooperation Published:

Aalto Digital Creatives Art & Tech Open Call ‘22 received a record number of applications

Art & Tech Open Call ‘22 winners will be selected at the Media Lab Demo Day event on 1.6.2022.