Skip to main content

Economics of timber productionLaajuus (3 cr)

Code: NM13SK06

Credits

3 op

Objective

The student
- has an understanding of the forest as capital property
- knows methods for comparing forest management measures and the profitability of an investment
- understands the economic premises of forestry guidelines
- understands the difference between production and return
- can determine the economically optimal cycle time of a forest
- knows methods of cost calculation
- can, with cost estimates, assess the profitability of acquiring various forest assets

Content

The concept of economical interest
Cash flow analysis
Investment calculations
Simulation of the development of a forest stock and the cash flows it generates

Qualifications

No previous knowledge required

Enrollment

01.12.2022 - 01.01.2023

Timing

02.01.2023 - 24.02.2023

Number of ECTS credits allocated

3 op

Mode of delivery

Contact teaching

Unit

Faculty of Bioeconomy

Teaching languages
  • Svenska
Degree programmes
  • Degree Programme in bioeconomy
Teachers
  • Johnny Sved
Groups
  • BE21DS-E
    Skogsbruksingenjör (YH), h21, Bioekonomi, dagstudier
  • BE20DS-E
    Skogsbruksingenjör (YH), h20, Bioekonomi, dagstudier

Objective

The student
- has an understanding of the forest as capital property
- knows methods for comparing forest management measures and the profitability of an investment
- understands the economic premises of forestry guidelines
- understands the difference between production and return
- can determine the economically optimal cycle time of a forest
- knows methods of cost calculation
- can, with cost estimates, assess the profitability of acquiring various forest assets

Content

The concept of economical interest
Cash flow analysis
Investment calculations
Simulation of the development of a forest stock and the cash flows it generates

Evaluation scale

H-5

Qualifications

No previous knowledge required