Economics of timber production (3 cr)
Code: NM13SK06-3002
General information
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-ESkogsbruksingenjör (YH), h21, Bioekonomi, dagstudier
-
BE20DS-ESkogsbruksingenjör (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