University News

2002 Economics Conference

September 25, 2002

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MACOMB, IL -- “Financial Systems in the 21st Century” will be the focus of the 23rd Annual Economics Conference at Western Illinois University Friday, Oct. 18.

The conference begins at 1 p.m. with a memorial tribute to the late LaVonne Straub, economics professor and coordinator of the economics conference. Straub passed away in spring 2002.

Beginning at 1:15 p.m., R. Alton Gilbert, vice president of the Federal Reserve Bank of St. Louis, will present "Financial Systems in the 21st Century." Gilbert will discuss the necessity of choosing regulatory responses that are appropriate.

This year's conference will feature a student poster session from 2:25-3:25 p.m. Groups of two to four students are invited to display information on financial systems of various countries. Faculty members will judge the posters, with the first place team winning $100. The second place team will receive $75, while the third and fourth place teams will receive $50 and $25, respectively. To register for the poster session or for more information, contact Mary Sherwood, economics, at 309/298-1153 or e-mail

A panel session will be held from 3:25-5 p.m. Discussion topics include "Academic Perspectives on the Issues," "Macroeconomic Implications," and "Regional Implications." Jeffrey Bloom from Deere & Company will focus on "International Implications."

All sessions will be held in Sandburg Theatre and include time for questions and comments. A social hour will be held from 5-6:15 p.m. in the Union Lamoine Room, followed by dinner from 6:15-8 p.m. Gilbert will present the after-dinner update "And Then What?"

According to Warren Jones, conference coordinator and WIU economics chair, the conference is an annual event organized by Western’s department of economics and a planning committee from other schools in the region. The conference is co-sponsored by the WIU College of Business and Technology and Prentice Hall Publishers.

Faculty, staff, students and community members are welcome. Walk-in registration begins at 12:15 p.m. in the University Union Sandburg Lounge foyer. The conference is open free to the public. Dinner reservations are required and must be received no later than Monday, Oct. 14. Cost for the dinner is $18 per person.

For more information or to register, contact the economics department, 309/298-1153, e-mail or visit the department website at

Posted By: Darcie Shinberger (
Office of University Communications & Marketing