What makes university students happy

Happiness studies are a growing research area in economics. In this study we focus on the determinants of subjective well-being of a particular sub-population, university students. Different happiness determinants are considered and tested empirically using survey data from Finland. An ordered probit model is applied.We compare the results with those of a similar study conducted among university students in Australia.The findings reveal that the most important influences on students ’ levels of satisfaction are social relationships, resources and the educational environment, personal goal achieving and extracurricular activities