Course code SKOG230

SKOG230 Resource Economics and Planning in Forestry

Norsk emneinformasjon

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Showing course contents for the educational year 2021 - 2022 .

Course responsible: Aija Maarit Irene Kallio
Teachers: Per Kristian Kåreson Lobenz Rørstad
ECTS credits: 10
Faculty: Faculty of Environmental Sciences and Natural Resource Management
Teaching language: NO
(NO=norsk, EN=Engelsk)
Limits of class size:
-
Teaching exam periods:
This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel, .
Course frequency: Annually
First time: Study year 2008-2009
Course contents:
  • Biological, technical, economical and societal background for the problems considered.
  • Analyses of individual actions (e.g., planting, thinning, fertilization, alternative logging options, investments in machines and roads, maturity of the forest stand for clear-cutting, provision of ecosystem services) from economic perspective.
  • Analyses at property level (objective and guidelines, effect of taxation, use of bio-economic modelling for long-term analyses, risk, valuation of forest/forest property).
Learning outcome:

Knowledge:

  • The student should obtain knowledge about the main economic decisions in forestry.
  • The student should be familiar with the main principles of valuation of forest/forest property.

Skills:  The students should be able to prioritise between different forest management and investment alternatives according to criteria for an economically effective resource use under given ecological conditions.

General competance: The students should be able to analyse the impacts of short- and long-term choices connected to planning and management of a forest property.

Learning activities:
Lectures with exercises and discussions. Independent studies. Project work. Problem solving.
Teaching support:
Canvas. Teachers are available for questions during the teaching semester.
Syllabus:
To be distributed when the course starts.
Prerequisites:
SKOG100, BUS100.
Recommended prerequisites:
Mandatory activity:
Three hand-in assignments and a term paper on forest planning.
Assessment:
Final exam counts 100% of finale grade (3 hours). 
Nominal workload:
250 hours.
Entrance requirements:
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)
Type of course:
Lectures with exercises in class circa 80 hours. In addition, compulsory assignments.
Note:
-
Examiner:
The external examiner approves and evaluates the final examination and reviews the teaching arrangements together with the course responsible.
Allowed examination aids: B1 Calculator handed out, no other aids
Examination details: Written test: Letter grades