Our conference is sponsored and organized by the IEDRC and co-organized by Wilfrid Laurier University. An important part of IEDRC's broader efforts is to play an influential role and promotes developments in economics theory and applications in a wide range of ways. The mission of IEDRC is to foster and conduct collaborative interdisciplinary research globally, in the state-of-the-art methodologies and technologies within its areas of expertise. Our conferences are aimed to providing researchers, scientists, engineers, scholars and students an opportunity to exchange and share their experiences, new ideas, and research results, and discuss the practical challenges encountered and the solutions adopted. IEDRC has held similar conferences in the past with very impressive and positive results. IEDRC seeks to encourage regional and international communications and collaborations; to promote professional interaction and lifelong learning procedures; to recognize outstanding contributions of individuals and organizations; and to encourage researchers to pursue studies and careers in developments of theory and applications.