| Skov & Landskab | |||||||||||||||
| English title | Applied Forest and Natural Resource Economics | ||||||||||||||
| Tidligst mulig placering | Kandidat 1.år til Kandidat 2. år | ||||||||||||||
| Varighed | En blok | ||||||||||||||
| Pointværdi | 7.5 (ECTS) | ||||||||||||||
| Kursustype | Kandidatkursus | ||||||||||||||
| Eksamen | Sluteksamen mundtlig eksamen kun visse hjælpemidler Beskrivelse af eksamen: Oral examination, 30 minutes, questions provided two weeks beforehand, students may bring along a short outline of how they will respond to the question drawn. Vægtning: 100% 7-trinsskala, ekstern censur | ||||||||||||||
| Forudsætninger for indstilling til eksamen | One written assignment delivered | ||||||||||||||
| Rammer for undervisning | Lectures, seminars, exercises | ||||||||||||||
| Blokplacering | Block 2 Ugestruktur: C | ||||||||||||||
| Undervisningssprog | Engelsk | ||||||||||||||
| Obligatoriske forudsætninger | 290020 Indledende økonomi 310015 Natur- og landskabspolitik 290046 Skov- og naturforvaltningsøkonomi Or similar courses | ||||||||||||||
| Begrænset deltagerantal | None | ||||||||||||||
| Kursusindhold | |||||||||||||||
| Introduction to general economics of biological production and capital investment. Production economics and investment theory of forests and natural resources: Fundamentals of forest economics; interest, depreciation and opportunity cost; optimal rotation age in timber production and including amenity values; valuing forestland under the risk of hazards to crop survival; planting and natural regeneration; thinning and other types of resource control; forest economics under uncertainty; The economics of continuous cover forestry (close-to-nature forestry). Applied economic analysis as a management tool, including cases from relevant enterprises in the forest and nature based sector. Welfare economic aspects of forests and natural resources: Economic evaluation of non-marketed goods and services. Payment for environmental services. Regulation and taxation of forests and natural resources. Discounting in the context of multiple objectives; stated and revealed preference analysis; sustainability, economics and ethics; ethical perspectives on natural resource management. | |||||||||||||||
| Undervisningsform | |||||||||||||||
| The core subjects are presented through overview lectures and/or seminars and exercises. During exercises students will work with a series of assignments which will have to be delivered jointly before exam. Students are supposed to do self-studies of supplementary materials on (i) fundamentals for comprehending core subjects, (ii) in-depth studies of core subjects. Teacher(s)will be available for seminars/exercies and for answering questions with regard to self-studies. | |||||||||||||||
| Målbeskrivelse | |||||||||||||||
| The course aims at imparting to the students a thorough understanding of economic reasoning and knowledge of how to apply economics as a tool for decision-making on the utilisation of forests and other (renewable) natural resources in rural and urban environments. When the course is finished, it is expected that the student can/have: Knowledge: An overview of the basic theory of production economics, capital investment and socio-economics Skills: Show understanding of the theory and perform calculus using the general theory applied on forest and natural resource problems. Competences: Acquire awareness of reasoning behind the applied methods and following ability to judge usefulness and limitations of the methods. Ability to draw professional perspectives. | |||||||||||||||
| Litteraturhenvisninger | |||||||||||||||
| Finn Helles & Jette Bredahl Jacobsen: Lecture notes 2007: Applied Forest and Natural Resource Economics. New version in 2008. Additional material will be provided | |||||||||||||||
| Kursusansvarlig | |||||||||||||||
| Jette Bredahl Jacobsen, jbj@life.ku.dk, Skov & Landskab/Økonomi, Politik og Driftsplanlægning, Tlf: 35331746 | |||||||||||||||
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