Study Guide

Objective

The student
- understands the concepts of capital and interest
- knows methods for comparing the economics of different silvicultural measures
- understands the difference between production and economic return
- understand the economic principles of forest management recommendations
- can determine the economically optimal cycle time of a forest stand
- can assess the profitability of acquiring various fixed assets
- is aware of forestry taxation.

Content

The concept of interest
Profitability
Cash flow analysis
Investment calculations
Simulation of a forest stand's development and cash flows
Forest taxation
The course is based on several of the global sustainability goals, mainly the goal of Decent work and economic growth

Materials

To be announced in Moodle.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Students fulfill the objectives of the course, and in the relevant course-making compulsory elements, at a satisfactory level.

Assessment criteria, good (3)

Students fulfill the objectives of the course, and in the relevant course-making compulsory elements, at a good level.

Assessment criteria, excellent (5)

Students fulfill the objectives of the course, and in the relevant course-making compulsory elements, at a excellent level.

Qualifications

No prerequisites.