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Economics of Silviculture (5 cr)

Code: 6M00EU01-3003

General information


Enrolment period

01.12.2021 - 10.01.2022

Timing

27.01.2022 - 15.03.2022

Credits

5 op

Mode of delivery

Contact teaching

Unit

Forestry

Campus

TAMK Main Campus

Teaching languages

  • Finnish

Degree programmes

  • Degree Programme in Forestry

Teachers

  • Ari Vanamo

Person in charge

Ari Vanamo

Groups

  • 20IM

Objectives (course unit)

The student knows how to compare the profitability of silvicultural decisions by using different calculations and is able to make and interpret these calculations. The student knows how to simulate different silvicultural decisions. He knows the risks, forests pests an diseases related to forest management and means to control them

Content (course unit)

Profitability calculations, present value calculations and discounting, internal rate, use of forest stand management simulator. Different management alternatives of even-aged forestry and the main risks of them. Forest pests and diseases and their control.

Assessment criteria, satisfactory (1-2) (course unit)

The student is able to make profitability comparisons between conventional silvicultural solutions when assisted.

Assessment criteria, good (3-4) (course unit)

The student is able to make profitability comparisons between different silvicultural options by using net present value calculations.

Assessment criteria, excellent (5) (course unit)

The student is able to make different profitability comparisons between silvicultural options, interpret the profitability calculations presented in the research and also explain the risks and uncertainties associated with the calculations.

Assessment scale

0-5