Forestry Economics introduces students and practitioners to the
economics of managing forests and forest enterprises. The book
adopts the approach of managerial economics textbooks and applies
this to the unique problems and production processes faced by
managers of forests and forest enterprises. What many future forest
and natural resource managers need is to understand what economic
information is and how to use it to make better business and
management decisions. John E. Wagner draws on his thirty years of
experience teaching and working in the field of forest resource
economics to present students with an accessible understanding of
the unique production processes and problems faced by forest and
other natural resource managers. The second edition has been
updated to include: expanded discussion of compounding,
discounting, and capital budgeting, as well as an expanded
discussion of when to replace a capital asset that has i) costs but
no direct revenue stream such as a machine; ii) costs and a direct
annual revenue stream such as a solar array; or iii) costs and a
periodic revenue stream illustrated by the forest rotation problem.
new practical examples to provide students with applications of the
concepts being discussed in the text, most notably on New Zealand
and a Pinus Radiata Pine Plantation a brand-new chapter that
develops business plans for for-profit businesses to illustrate how
a business plan is derived from the economic information contained
within the Architectural Plan for Profit and how it can be used to
make business decisions about continuing to operate a business or
to start a new business. This textbook is an invaluable source of
clear and accessible information on forestry economics and
management not only for economics students, but also for students
of other disciplines and those already working in forestry and
natural resources.
General
| Imprint: |
Routledge
|
| Country of origin: |
United Kingdom |
| Series: |
Routledge Textbooks in Environmental and Agricultural Economics |
| Release date: |
December 2023 |
| First published: |
2024 |
| Authors: |
John E. Wagner
|
| Dimensions: |
234 x 156mm (L x W) |
| Format: |
Hardcover
|
| Pages: |
640 |
| Edition: |
2nd edition |
| ISBN-13: |
978-1-138-93313-2 |
| Categories: |
Books
Promotions
|
| LSN: |
1-138-93313-9 |
| Barcode: |
9781138933132 |
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