Forest Valuation and Accounting

Course: Forest Valuation and Accounting
Course Number:
Time:
Prerequisites: Elective
Credits: ECTS 2
Room:
Day:
Component(s):
Map: Map

COURSE OUTLINE

 

  1. GENERAL
SCHOOL AgrICULTURAL AND FORESTRY SCIENCES
DEPARTMENT FORESTRY AND MANAGEMENT OF THE ENVIRONMENT AND NATURAL RESOURCES
LEVEL OF STUDIES 7th
COURSE CODE DSH6Y SEMESTER 8th
COURSE TITLE forestry evaluation and accounting
TEACHING ACTIVITIES
If the ECTS Credits are distributed in distinct parts of the course e.g. lectures, labs etc. If the ECTS Credits are awarded to the whole course, then please indicate the teaching hours per week and the corresponding ECTS Credits		 TEACHING HOURS PER WEEK ECTS CREDITS
  3 2
     
     
Please, add lines if necessary. Teaching methods and organization of the course are described 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/OPE02116/
  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 to supply students with the basic concepts of forest valuation and accounting and in particular the valuation of forest land values, forest stands other natural resources and damages from wildfires.

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

 

· Know / understand – the basic concepts of the value of forest land, forest stands and natural resources
· Apply the basic principles of assessment – valuation in forest and other natural ecosystems and recognize the complexity of assessment
· They have understood and estimate the importance of natural resources in the country development
· Combine their knowledge and examine all the services of natural resources so that they can be offered in a balanced way to society as a whole
· Analyze / interpret – damage to forest ecosystems
· Compile / analyze balancel sheets

 

 
  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

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

Criticism 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 of forest valuation and accounting and relationships between them
2. Capitalization of expenses and calculation of income value
3. Forest land value
4. Forest stands value
5. Assessment and evaluation of the value of natural resources (direct and indirect evaluation methods)
6. Assessment of non-market environmental impacts and services
7. Damages and indemnities. Expertise
8. Fundamental accounting concepts and principles
9. Accounting Inventories
10. Balance sheets
11. Economic rotational time – Best logging age
12. National accounts and natural resources. Estimation and accounting of the financial result of the use of natural resources
13. Estimation and evaluation of the contribution of natural resources in the national product

 

 

Week     Thematic lab unit / Teaching exercises

 

1. Overvaluation rate, internal, external discount. Equivalence of bills
2. Capitalization
3. Annual fixed or temporary revenues
4. Intermittent periodic revenues constant
5. Rising and decreasing revenues
6. Annuities
7. Valuation of forest land value
8. Valuation of forest land value

9. Valuation of forest stand value
10. Valuation of wildfire damages
11. Authorship of balance sheets
12. Valuation of natural resources value

13. Valuation of natural resources value

 

 

  1. TEACHING and LEARNING METHODS – EVALUATION
TEACHING METHOD
Face to face, Distance learning, etc.		 Face to face, in classroom
USE OF INFORMATION & COMMUNICATIONS TECHNOLOGY (ICT) 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 26
Practice exercises with application of methodologies in individual topics 13
Bibliography study and analysis 4
Individual or team project elaboration 7
   
   
   
Total 50
Student Evaluation

Description of the evaluation process

 

Assessment Language, Assessment Methods, Formative or Concluding, Multiple Choice Test, Short Answer Questions, Essay Development Questions, Problem Solving, Written Assignment, Essay / Report, Oral Exam, Presentation in audience, Laboratory Report, Clinical examination of a patient, Artistic interpretation, Other/Others

 

Please indicate all relevant information about the course assessment and how students are informed

  

1. Final written examination (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 their essay at any time
  1. PROPOSED LITERATURE
 

–Proposed literature :

• Arabatzis G., Polyzos S. 2008. Natural Resources, environment and development. Tziola editions. Thessaloniki.

• Bithas K. 2003. Economic consideration of environmental protection. Dardanos editions. Athens.

•Chalkos G. 2016. Economics of natural resources and environment. Disigma editions. Thessaloniki.

 

-Related scientific journals:

Forest Policy and Economics, Ecological Economics, Journal of Forest Economics

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.