FOR 410 - Forest Resource Economics

Institution:

Paul Smiths College of Arts and Science

Subject:

Description:

3 Credit Hours Fall Sem. This course will cover important economic principles of relevance to forestry and natural resource management, including supply and demand, pricing, net revenue maximization, marginal analysis, investment evaluation, taxation, market and non-market goods and services, and the economics of multiple use. These principles will be related to specific forestry issues, such as the determination of optimal rotation ages; land and equipment investment decisions; timber stand improvement decisions; determining the effects of taxes on forestry investments; and incorporating non-timber products into forest management decision making. (3 hours lecture). Prerequisites: Introduction to Forestry (FOR 101) and Microeconomics (ECN 102).

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.paulsmiths.edu

Phone Number:

(518) 327-6000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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