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Teacher
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Severini Simone
(syllabus)
I - Basic elements of economics (3 ECTS)
1. Fundamental concepts of the economy
2. Production theory:
3. The offer of products in competitive markets: short-term business and market offer.
4. Valuation of investments: Net Present Value (NPV).
5. Market demand:
6. Closed markets:
7. Open markets: international trade
II – Selected issues on forestry economics (1 ECTS).
1. Forest production activities
2. The Italian forest-wood system
3. International trade in wood products
III - Basic notions of economics of natural resources and the environment (0.5 ECTS)
IV - Introductory notions of forest and environmental appraisal (2.5 ECTS)
1. Appraisal in professional practice.
2. General information on appraisal.
3. The basics of land registry (Cadastre).
4. The basics of financial mathematics.
5. Forest appraisal:
• Estimative metric computation
• Value of staining
• Value of the forest.
6. The basics of environmental appraisal.
(reference books)
• Samuelson P.A. e Nordhaus W.D., Economia, XX edizione [XXI ed., 2019], McGraw-Hill, 2001 [Sito: www.ateneonline.it\samuelson20e].
• Merlo M., Elementi di economia ed estimo forestale-ambientale, Pàtron Editore, Bologna, 1991. (In sostituzione, per alcune parti si può usare: Bernetti I., Romano S. (a cura di). Economia delle risorse forestali. Liguori Editore, 2007).
• Slides and exercises provided by the instructor.
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