AGRICULTURAL

UNIVERSITY OF ATHENS
Department of Forestry
& Natural Environment
Management

Forest Valuation

Course Content

Basic concepts regarding forest valuation, inventories, future and present value, capitalization of costs and revenues of forest holdings. Introduction to the concept and purpose of depreciation, its determinants and methods of calculation. Estimation of the value of natural resources (Direct and Indirect valuation methods). Estimation of the value of non-market environmental goods, possible damages and compensations as well. Assessment and evaluation of natural resources contribution to the national product.

Learning Results

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

  • understand the basic concepts of forest production and the assessment of the value of forest land
  • understand the concepts of interest, interest rate, discounting, and to calculate the value of capital
  • acquire knowledge about the capitalization of expenditures and revenues, as well as the calculation of the value of periodic revenues or expenditures on forest holdings.
  • understand the meaning of depreciation
  • calculate gross revenues and expenditures (fixed and variable), in order to estimate the economic result of each intervention in the forest holding or enterprise.

NEWSLETTER

DEPARTMENT OF FORESTRY 

The Department of Forestry and Natural Environment Management joined the Faculty of Plant Sciences of the AUA. The Department operates from the academic year 2019-2020 and is based in Tthe city of Karpenisi. Housed in the building facilities of the Department of Forestry and Natural Environment Management of the former Technical Scool (TEI)  of Central Greece.
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