Former students and colleagues will gather to celebrate the career of Walter Labys, professor emeritus of resource economics, at a symposium Monday, May 7, in rooms 101 A&B of the National Research Center for Coal and Energy on West Virginia Universitys Evansdale Campus.

The symposium, which is free and open to the public, will be presented in three thematically-linked segments that reflect Labyss research interests. From 9:45-11:30 a.m., speakers will focus on commodity prices and advanced time series methods. The 1 to 2:15 p.m. time block will feature discussions of commodity prices and inventory adjustments. The 2:35-4:05 p.m. block is dedicated to resource markets, energy and the environment.

The event will begin at 9:30 a.m. with an appreciation of Labyss ground-breaking efforts in the field of resource economics and commodity analysis, presented by his son, Paul, and Peter Schaeffer, professor of resource economics at WVU , and Labyss longtime colleague in the WVU Davis College of Agriculture, Forestry and Consumer Sciences.

Participants will be traveling to the symposium from around the world. They include: Armand Sadler, chief economist for Arcelor in Luxembourg; Irene M. Xiarchos, Office of the Chief Economist, United States Department of Agriculture; and Bruce Bancroft of Consolidation Energy in Pittsburgh.

Labys joined the WVU faculty in 1975 and retired in 2005. During his career, he has been named a Benedum Distinguished Scholar. He holds the position of Gunnar Myrdal Scholar from the United Nations Economic Commission for Europe in Geneva. In 2001, he received the Miernyk Award for Career Scholarly Achievement from the Regional Research Institute at WVU .

He has pioneered in the development and application of econometric methods important for analyzing commodity price behavior, the building of structural commodity models, and the impact of commodity markets on the stability and growth of surrounding developing economies. His numerous books and articles have been of interest not only to other economists but to industry and government planners at national and international levels.

While the symposium is free and open to the public, organizers would appreciate attendees taking the time to RSVP , either on-line athttp://simpleforms.scripts.wvu.edu/daviscollege/LabysSymposium/or by contacting Lisa Lewis, 304-293-4832, ext. 4463 or are@mail.wvu.edu .

Following the symposium, friends and colleagues of Labys are invited to a hors doeuvre reception at the Forks of Cheat Winery in Morgantown from 5:30-8 p.m. Tickets for the reception are $40, and reservations must be submitted by May 1. Reservations may be made online at http://simpleforms.scripts.wvu.edu/daviscollege/LabysReception/ “> http://simpleforms.scripts.wvu.edu/daviscollege/LabysReception/ or by contacting Lisa Lewis, 304-293-4832, ext. 4463 or are@mail.wvu.edu .