Course code SKOG230

SKOG230 Resource Economics and Planning in Forestry

Norsk emneinformasjon

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Showing course contents for the educational year 2022 - 2023 .

Course responsible: Aija Maarit Irene Kallio
Teachers: Terje Gobakken, Per Kristian Kåreson Lobenz Rørstad
ECTS credits: 10
Faculty: Faculty of Environmental Sciences and Natural Resource Management
Teaching language: NO
(NO=norsk, EN=Engelsk)
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 an 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 competence:

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
Recommended prerequisites:
BUS100
Mandatory activity:
Three hand-in assignments and a term paper on forest planning.
Assessment:
Final exam (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.
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