The Dane feels the forward's record in front of goal warrants a place among the nominees and claims his side are still approaching their final games with the right mentality
The 27-year-old forward, who was signed from Rayo Vallecano for £2 million last summer, has scored 17 goals in 31 Premier League games this season.
Gareth Bale, Michael Carrick, Eden Hazard, Juan Mata, Robin van Persie and Luis Suarez were nominated for the end-of-year honour but Laudrup was surprised to see Michu miss out.
"Every manager wants his player to be nominated," Laudrup told reporters. "To score more than 20 goals in a mid-table team in his first season is fantastic. He has done enough to be up there."
Swansea have won just one match since their Capital One Cup final triumph in February but following the club's goalless draw with Southampton on Saturday, Laudrup insists his side are still approaching their matches with the right mentality.
"When a team reaches a target, it doesn't have to be a cup win, there's a reaction," he said. "But I can't complain about the attitude of the players in any of the six games we've played since Wembley.
"There hasn’t been one game since then that I could say 'that was rubbish' or 'that was poor'."