1. Introduction -- 2. Production systems -- 3. Costs -- 4. Revenue -- 5. Profit -- 6. Supply and demand -- 7. Market equilibrium and structure -- 8. Capital theory : investment analysis -- 9. The forest rotation problem -- 10. Capital theory : risk -- 11. Forest taxes -- 12. Estimating nonmarket...

"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...