Forest Management and Economics

5 credits

Covers economic foundations of forest management and the decision-making forest managers use in managing forests for multiple uses such as timber production or wildlife habitat preservation. Reviews common decision-making tools, including financial analysis, forest regulation, linear-, integer-, and multiple-objective optimizations. Includes tool selection, use, and how to interpret the results from the best tools for various situations. Prerequisite: either Q SCI 291, MATH 124, or MATH 134; and either IND E 315, Q SCI 381, STAT 311, or STAT 390. Offered: jointly with SBSE 461; Sp.