Why learn about forest economics?
Most forest landowners aren’t “in it for the money.” However, your forest is still one of your most valuable assets. Regardless of your ownership objectives, you will regularly be faced with decisions that have significant economic implications, such as what species to grow; how much to spend on stand improvement activities for forest health, wildlife and wood quality; whether or not to purchase new equipment; when to harvest; whether or not to invest in additional land; etc. The concepts and tools presented in this web module will help you to make more informed management decisions and to plan for the long-term financial health of your forest. These concepts and tools also have broader applications for your personal finances (borrowing and investing).
