Dr. Jeffrey F. Werling
Department of Economics
Executive Director of INFORUM
University of Maryland College Park

Modeling the Economy, Energy, and the Environment with LIFT
March 1, 3:30-5:00
LeFrak Hall, Room 1124
University of Maryland, College Park

Various policy initiatives have been drafted with the goal of putting a system in place for reducing U.S. dependence on energy and, thus, its carbon emissions.
Inforum is dedicated to improving business planning, govern-ment policy analysis, and the general understanding of the economic environment. Its flagship model, LIFT (Long-term Interindustry Forecasting Tool), is a 97-sector general equilib-rium representation of the U.S. national economy that employs a "bottom-up" approach to macroeconomic modeling. The LIFT Model has been used for several recent studies to show the interaction between the economy, energy use and environ-mental consequences (E-3). Dr. Werling’s presentation will provide an overview of LIFT and give some examples of these applications.

Meet & Greet session with Dr. Werling 3:00-3:30

Light refreshments will be served

Presented by the Departments of Geographical Sciences and Sociology in conjunction with the College of Behavioral and Social Sciences