Study Guide

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