FOR30420
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Academic Year 2025/2026
Forest Management and Economics (FOR30420)
Subject: : Forestry
College: : Health & Agricultural Sciences
School: : Agriculture & Food Science
Level: : 3 (Degree)
Credits: : 5
Module Coordinator: : Dr Amanda Sosa
Trimester: : Autumn
Mode of Delivery: : On Campus
Internship Module: : No
How will I be graded? : Letter grades
Curricular information is subject to change.
This is an undergraduate module for stage 3 BAgrSc Forestry students. It focuses on concepts and analytical tools associated with decision-making in the sustainable management of forest resources. The first part of the module provides an overview of forest management problems as they have evolved in modern forestry and includes the scope of environmental services products provided by forests. Part 2 of the module looks at the decision analysis to achieve ecological, economic and social values. The financial and economic criteria for forest valuation and management are introduced, including discount rate, price-size relationship, net discounted revenue, land expectation value, and the valuation of non-market inputs and outputs. This knowledge is then used to develop procedures to deal with problems such as land and forest valuation, rotation determination, investment appraisal and sustained yield calculations. The concepts behind the preparation of forest management plans are also included. \
About this Module
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What will I learn?
Learning Outcomes:
Explain the basic principles of sustainable forest management. Carry out a range of financial and economic calculations as used in the strategic, tactical and operational decision-making in commercial forest management. Recognise the significance of the range of market and non-market values in the management of specific forest resources. Select and evaluate potential management options aimed at specific management objectives.
Indicative Module Content:
Concept and criteria for forest management, land classification, forests as capital, inflation, forest investment, uneven and even age management, optimal timber stocking, risk analysis, forest valuation, growth and yield models, multiple use forestry
How will I learn?
Student Effort Hours:
| Student Effort Type | Hours |
|---|---|
| Specified Learning Activities | 24 |
| Autonomous Student Learning | 50 |
| Lectures | 36 |
| --- | --- |
| Total | 110 |
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Approaches to Teaching and Learning:
This module will be delivered face-to-face. There will be three assignments and a final in-class exam.\
Am I eligible to take this module?
Requirements, Exclusions and Recommendations
Not applicable to this module.
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Module Requisites and Incompatibles
Not applicable to this module. \ \
How will I be assessed?
Assessment Strategy
| Description | Timing | Component Scale | Must Pass Component | % of Final Grade | In Module Component Repeat Offered |
|---|---|---|---|---|---|
| Assignment(Including Essay): Assignment 1. Use of the dynamic yield model Growfor | Week 3 | Standard conversion grade scale 40% | No | 15 | No |
| Assignment(Including Essay): Assignment 2. Basic Economic Calculations. The use of AI is not allowed in this module. | Week 5 | Standard conversion grade scale 40% | No | 10 | No |
| Assignment(Including Essay): Assignment 3. Forest Investment The use of AI is not allowed in this module. | Week 7 | Standard conversion grade scale 40% | No | 15 | No |
| Assignment(Including Essay): Assignment 4. Determining optimal rotation length. The use of AI is not allowed in this module. | Week 9 | Standard conversion grade scale 40% | No | 10 | No |
| Exam (In-person): Final Exam | Week 12 | Standard conversion grade scale 40% | No | 50 | No |
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Carry forward of passed components
Yes
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What happens if I fail?
| Resit In | Terminal Exam |
|---|---|
| Spring | Yes - 2 Hour |
Please see Student Jargon Buster for more information about remediation types and timing. \
Assessment feedback
Feedback Strategy/Strategies
• Feedback individually to students, post-assessment\
How will my Feedback be Delivered?
Not yet recorded.
Associated Staff
| Name | Role |
|---|---|
| Professor Aine Ni Dhubhain | Lecturer / Co-Lecturer |
When is this module offered?
Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
| Autumn | Lecture | Offering 1 | Week(s) - 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12 | Mon 14:00 - 15:50 |
| Autumn | External & School Exams | Offering 1 | Week(s) - 15 | Mon 14:00 - 15:50 |
| Autumn | Lecture | Offering 1 | Week(s) - Autumn: All Weeks | Thurs 14:00 - 14:50 |