Forest Economics

Course: Forest Economics
Course Number:
Time:
Prerequisites: Mandatory
Credits: ECTS 5
Room:
Day:
Component(s):
Map: Map

COURSE OUTLINE

  1. GENERAL
SCHOOL ACTICULTURAL AND FORESTRY SCIENCES
DEPARTMENT FORESTRY AND MANAGEMENT OF THE ENVIRONMENT AND NATURAL RESOURCES
LEVEL OF STUDIES 7th
COURSE CODE DSH6Y SEMESTER Winter/7th
COURSE TITLE forest economics
TEACHING ACTIVITIES
in case that the credit units are awarded in distinctive parts of the class, etc: lectures, laboratorial exercises. When the credit units are awarded for the total class, write the weekly tutorial hours and the total credit units		 TEACHING HOURS PER WEEK ECTS CREDITS
  5 5
     
     
Add additional lines if needed. The tutorial system and methods that are used are described in detail in section 4.    
COURSE TYPE Scientific area
PREREQUISITES:

 

 No
TEACHING & EXAMINATION LANGUAGE: GREEK

 
COURSE OFFERED TO ERASMUS STUDENTS: NO
COURSE URL: https://eclass.duth.gr/courses/OPE02387/

 

  1. LEARNING OUTCOMES
Learning Outcomes
Learning outcomes of the course are described, the specific knowledge, skills and abilities of an appropriate level that students will acquire after the successful completion of the course

Consult Appendix A

· Description of Tutorial Results Level for every study round according to the Qualification Context of the European Highest Education Area
· Descriptive Indexes of 6th, 7th and 8th Level of the European Qualification Context of Lifelong Learning and Appendix B
· Summary Guide for Writing Learning Outcomes
The aim of the course is the familiarization of students with the basic concepts of the economics of forest production factors and the distribution of forest products

 

Upon successful completion of the course students will be able to:

 

· Understand the basic economic concepts of forestry
· Evaluate forest production
· Deepen in the supply and demand of forest products
· Use the available technology to gather data on the economic analysis of forest production, process and analyze this data and draw conclusions for its contribution to decision – making at the forest exploitation level.
· They have understood and appreciate the importance of economic mathematics in the economic analysis of forest holdings
· Combine their knowledge and examine the possibilities of economic analysis in improving productivity and economy

 

 
  General Skills
Taking into account the general skills that the graduate must have acquired (as listed in the Diploma Supplement and listed below), which of the following is the course intended for;

Search, analysis and synthesis of data and information, using the necessary technologies

Adaptation to new situations

Decision making

Autonomous work

Team work

Work in an international environment

Work in an interdisciplinary environment

Production of new research ideas

   Project design and management

Respecting diversification and multiculturalism

Respecting natural environment

Demostration of social, professional and moral responsibility and sensitivity in gender issues

Critisism and self – criticism practice

Promoting free, creative and inductive thinking
   
 

· Autonomous Work
· Team Work
· Search, analysis and synthesis of data and information, using the necessary technologies
· Decision making
· Working in an international environment
· Production of new research ideas
· Respecting natural environment
· Criticism and self – criticism practice

 

 

 

  1. COURSE CONTENT
Week     Thematic Unit of Lectures

 

1. Basic concepts. Forestry economics and forestry operation
2. Economic activity and the principle of economy. The production process and the production factors.
3. The concepts of inflow and ouflow. Productivity and measures to improve it. Οι έννοιες της εισροής και της εκροής.
4. Demand and supply
5. Economy and profitability. Principles of distribution of economic activity in sectors. Interest, Redemption – Capitalization
6. Capitalization of equal annual sustainable income. Calculation of sustainable annual income. Capitalization of equal annual income of a certain number.
7. Capitalization of infinite number of periodic revenues. Capitalization of equal periodic revenues of a certain number. Capitalization of revenues that include a fixed rate of increase. Consideration of inflation in capitalization problems.
8. Special characteristics of forest holdings. Types of forest holdings.
9. Land. Timber – capital. Labour as production factor.
10. Forest production rating
11. Expenditures by location and cost carrier
12. Carriers of demand for primary wood products. Wood disposal indicators.
13. Product sales and their prospects.

 

Week         Thematic Unit / Teaching exercises

1. Equivalence of economic figures – Geometric progressions
2. Production functions
3. Economy, Productivity
4. Demand – Supply
5. Interest – Redemption – Capitalization
6. Revenue capitalization
7. Revenue capitalization
8. Revenue capitalization
9. Depreciation
10. Depreciation
11. Cost accounting
12. Cost accounting
13. Production availability indicators

 

 

 

  1. LEARNING and TEACHING METHODS – EVALUATION
TEACHING METHOD
Face to face, Distance learning, etc.		 In classroom, face to face
USE OF INFORMATION & COMMUNICATIONS TECHNOLOGY (ICT)
Use of ICT in Teaching, in Laboratory Education, in Communication with students		 ICT use in education and in communication with students. Support of teaching procedure using e – class platform
TEACHING ORGANIZATION

The ways and methods of teaching are described in detail.

Lectures, Seminars, Laboratory Exercise, Field Exercise, Bibliographic research & analysis, Tutoring, Internship (Placement), Clinical Exercise, Art Workshop, Interactive learning, Study visits, Study / creation, project, creation, project. Etc.

 

The supervised and unsupervised workload per activity is indicated here, so that total workload per semester complies to ECTS standards.
Activity Semester workload
Lectures 65
Practice exercises with application of methodologies in individual topics 30
Bibliography study and analysis 10
Individual or team project assignments 20
   
   
   
Total 125
STUDENT EVALUATION

Description of the evaluation procedure

 

Evaluation language, evaluation methods, Configurative or a priori, multiple choice questions, questions of short answers, questions with essays as answers, solving problems, projects, reports, oral exams, public presentation, lab exercises, etc

 

Assigned evaluation criteria are referred and if and where are accessible by the students

  

1. Written exams at the end of the semester (in Greek) (80%)

α) Questions with short answers (4)

β) Questions with essays as answers (2)

γ) Solving problems/exercises (2)

2. Individual or team projects (20%)

Students having ascertained dyslexia problems are examined with oral methods.

Students have access to his/her essay at any time

 

  1. RECOMMENDED BIBLIOGRAPHY
 

– Recommended bibliography :

  • Arnold R. 2011. Microeconomics. Broken Hill Puplishers Ltd. Editions
  • Lianos Th., Damianos D., Mergos G., Ntemousis M., katranidis S. 2016. Rural economics. E. Benou Editions. Athens.
  • Stamou N. 1985. Forest Holdings Economics. Forestry Economics I. AUTH.
  • Mankiw N. Gregory, Taylor P. Mark, Ath. Maniatis Sp. Zikos, An. Psiridou (eds.). Economics, 4th edition. 2018. A. Tziola Editions.
  • Chalkos G. 2016. Economics of natural resources and Environment. Disigma editions. Thessaloniki.

– Related scientific journals:

Journal of Forest Economics, Forest Policy and Economics, Journal of Environmental Management

 

 

 

 

 

 

 

 

 

 

 

 

 

ANNEX OF THE COURSE OUTLINE

 

Alternative ways of examining a course in emergency situations

 

Teacher (full name): Garyfallos Arabatzis
Contact details: garamp@fmenr.duth.gr
Supervisors: (1) No
Evaluation methods: (2) Written distance examination, through the e-class platform, using multiple choice questions.
Implementation Instructions: (3) The examinations will be carried out according to the examination program that will be announced by the secretariat of the Department

Students should link to the course page in the e-class platform and go to the “Exercises” section and select the “Course Exams” exercise

Each student should answer in 10 questions. Each of the multiple choice questions is scored with 1 point giving a total sum of 10 points

The duration of the test will be 10 minutes

Any student wishing to take the exam must have logged in to the e-class platform 10 minutes before the start of the exam

 

  • To be completed with YES or NO
  • Note down the evaluation methods used by the teacher, e.g.
  • written assignment or/and exercises
  • written or oral examination with distance learning methods, provided that the integrity and reliability of the examination are ensured.
  • In the Implementation Instructions section, the teacher notes down clear instructions to the students:

α) in case of written assignment and / or exercises: the deadline (e.g. the last week of the semester), the means of submitting them to the teacher, the grading system, the participation of the assignment in the final grade and every other detail that should be mentioned.

β) in case of oral examination with distance learning methods: the instructions for conducting the examination (e.g. in groups of X people), the way of pronouncing topics, the applications to be used, the necessary technical means for the implementation of the examination (microphone, camera, word processor, internet connection, communication platform), the way the hyperlink is sent, the duration of the exam, the grading system, the participation of the exam in the final grade, the ways in which the inviolability and reliability of the exam is ensured and every other detail that should be mentioned.

γ) in case of written examination with distance learning methods: the instructions for assigning the topics, the way of submitting the answers, the duration of the exam, the grading system, the participation of the exam in the final grade, the ways in which the integrity and reliability of the exam is ensured and every other detail that should be mentioned.

There should be an attached list with the Student Registration Numbers only of the beneficiaries to participate in the examination.