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Economic approaches for evaluating the production and costs of forest management, timber harvesting activities, and nontimber forest products. Estimating the financial returns of long-term investments in timber or other forest resources, including discounted cash flow analysis and capital budgeting techniques. Property taxes and income tax treatment of timber and their effects on investment returns. Demand estimation and timber supply analyses.

Prerequisite: ´¡¸é·¡Ìý201 or ·¡°äÌý205 or ·¡°äÌý201

Typically offered in Fall only