FORE215-15S2 (C) Semester Two 2015

Introduction to Forest Economics

15 points

Details:
Start Date: Monday, 13 July 2015
End Date: Sunday, 15 November 2015
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 26 July 2015
  • Without academic penalty (including no fee refund): Sunday, 11 October 2015

Description

Forestry in the national economy. Forest industries, and forest accounting. Taxation and forestry. Forest valuation. Project appraisal, design and budgeting. Social economics.

The course will provide an understanding of the principles of forest economics, and their application to investment analysis, forestry markets and evaluation of non-timber benefits of forests.

Learning Outcomes

Students will:
- understand the principles and tools used to evaluate forestry timber investments;
- understand the principles and tools used to evaluate non-timber benefits of forests; and
- be able to apply economic principles to analysing the supply and demand of forestry products. Skills in statistical analysis will be applied int his part of the course.

Prerequisites

Lecturer

David Evison

Assessment

Assessment Due Date Percentage 
Forestry Investment in NZ - Report 15%
Estimating Future Demand 15%
Investment Analysis 10%
Mid-Term Test 20%
End-of-Year Exam 40%

Textbooks / Resources

Recommended Reading

Blackburne, Mark. et al; Business management for logging ; 2nd ed; Future Forests Research, 2009.

Additional Textbooks:

Crawley, M.J. (2005) Statistics. An Introduction using R. EPS Library, QA 276.12.C911
Klemperer, W.D. (2003) Forest Resource Economics and Finance. EPS Library, SD 393.K64
Silyn-Roberts, H. (2005 or 2012). Writing for Science. A practical handbook for science, engineering and technology students (2nd or 3rd ed). EPS Library, T11 R644 2002 or 2012

Indicative Fees

Domestic fee $874.00

International fee $4,188.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see School of Forestry .

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  • FORE215-15S2 (C) Semester Two 2015
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