R. Jisung Park

R. Jisung Park
  • Assistant Professor

Contact Information

Teaching

Past Courses

  • MSSP6680 - Econ For Social Policy

    Economics allows us to determine the costs and benefits of social policies like cash benefits, unemployment insurance, health insurance, pensions, education, etc. Policies typically affect the behavior of agents like individuals, families and firms, and we have to take these reactions into account when analyzing policy. Economics allows us to predict how policy is likely to affect behavior by understanding how the policy changes individuals' decisions, and what collective outcomes these myriad individual decisions bring about. For example, a universal basic income allows individuals to sustain themselves and their families when they are not working. At the same time, such guaranteed income has the potential to discourage people from looking for a job. If enough people are discouraged from looking for a job, employment in the economy will decrease, leading to lower production and lower tax revenues for the government. Policy makers have to take these phenomena into account in order to design a good income support system.

  • SSPP6080 - Climate Change/Economic Instab

    Climate change has emerged as a defining societal challenge. Economics and data can be powerful tools for analyzing climate change: for understanding how it is caused, who is hurt by it, and how policy solutions may be designed to mitigate it. Exploring the market and non-market forces that drive economic opportunity and inequality, and how these forces could interact with climate change may be important for policymakers and practitioners given the breadth of climate impacts and the wide-ranging implications of energy policy. This course provides an introduction to applied economic scholarship on climate change, with an emphasis on studies and perspectives that use “big” data and empirical analyses that permit valid causal inference, which is the science of disentangling cause and effect using real-world data. We will explore the market failures that give rise to climate change; emerging evidence on its effects on human health, economic productivity, crime, and well-being broadly construed; and the forces that may influence whether and how societies will adapt to a changing climate.

In the News

Knowledge @ Wharton

Activity

In the News

Overwhelmed by Too Many Choices When Shopping? Wharton Retail Expert Weighs In

Wharton retail expert discusses why shoppers may feel overwhelmed when faced with many options.…Read More

Knowledge @ Wharton - 2024/12/19
All News