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Resources, economics, and markets

The course starts by discussing the role of forests in sustainable development and continues by explaining how economic principles affect the management of natural resources, particularly forest resources. Supply and demand for forest raw materials, both timber and biomass, are then discussed, along with the supply and demand for forest-based products. Questions that are analyzed are fore example how the demand for sawn timber products affects the supply of biomass for, e.g., bioenergy. The course then analyzes how markets are influenced by market failures, such as monopolies, and how this affects the supply of forest-based products. Finally, the course analyzes and evaluates the trade-offs that forest owners need to make between different types of ecosystem services using numerical optimization and simulation methods.

The course includes lectures and exercises where the student analyses and assess real cases, as well as tasks to communicate their conclusions both orally and in writing.

Further the course includes active participation in seminars and guest lectures.

Syllabus and other information

Course facts

The course is offered as an independent course: Yes The course is offered as a programme course: Environmental Economics and Management - Master's Programme Forest Bioeconomy (MSc) Forest and Business Management (MSc) Forest Science - Master's Programme Tuition fee: Tuition fee only for non-EU/EEA/Switzerland citizens: 13090 SEK Cycle: Master’s level (A1N)
Subject: Forestry Science Economics
Course code: NA0200 Application code: SLU-10262 Location: Uppsala Distance course: No Language: English Responsible department: Department of Forest Economics Pace: 100%