| Forest & Landscape | |||
| Earliest Possible Year | 7 | ||
| Duration | 1 semester | ||
| Credits | 9 (ECTS) | ||
| Course Level | MSc | ||
| Examination | oral examination No aid allowed Description of Examination: 13-point scale, external examiner Dates of Exam: | ||
| Organisation of Teaching | Lectures: 1 course module per week Practicals: 4 hours per week Excursions: 1 | ||
| Block Placement | E2, fall Monday 13-17 | ||
| Teaching Language | English may be conducted in Danish/Swedish | ||
| Optional Prerequisites | 095951 | ||
| Course Objectives | |||
| To impart a thorough knowledge of: (i) business economics of forestry and its application, (ii) Danish forestry's present social role in a wide sense and provide a solid foundation for assessing its potentials. Emphasis is on understanding forests as a specific multiple-use natural resource, providing market as well as non-market goods, (iii) a welfare economics approach to the allocation of resources to forestry and their utilisation. | |||
| Course Contents | |||
| The course builds on Forest and Natural Resources Economics and Policy 1. In forest economics, investment theory is supplemented with, e.g. portfolio theory inclusive of dynamic optimisation, and using deterministic as well as stochastic approach. The fundamentals of taxation of forestry are studied. In forest policy the extension mainly concerns economic analysis of the production of non-market goods, including the theory of public regulation. | |||
| Teaching And Learning Methods | |||
| Teaching and learning methods: Lectures, practicals, and one excursion | |||
| Course Litterature | |||
| Price, C. 1989: The Theory and Application of Forest Economics. Oxford, Basis Blackwell, 402 pp. Helles, F. (ed.): Forest and Natural Resources Economics and Policy 2. Samfundslitteratur, KVL, abt. 400 pp. | |||
| Course Coordinator | |||
| Finn Helles, fh@life.ku.dk, Forest & Landscape Denmark/Unit of Forestry, Phone: 35331738 | |||
| Study Board | |||
| Study Committee NSN | |||
| Course Scope | |||
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