Forest Economics

Course Information
TitleΔασική Οικονομική / Forest Economics
Code75Υ
FacultyAgriculture, Forestry and Natural Environment
SchoolForestry and Natural Environment
Cycle / Level1st / Undergraduate
Teaching PeriodWinter
CommonNo
StatusActive
Course ID600019464

Programme of Study: PPS Tmīmatos Dasologías kai Fysikoý Perivállontos (2020-sīmera)

Registered students: 60
OrientationAttendance TypeSemesterYearECTS
Compulsory CoursesCompulsory Course745
Class Information
Academic Year2025 – 2026
Class PeriodWinter
Faculty Instructors
Weekly Hours5
Total Hours65
Class ID
600273736
Course Type 2021
Specific Foundation
Course Type 2016-2020
  • Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
Digital Course Content
Erasmus
The course is also offered to exchange programme students.
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Instruction, Examination)
Prerequisites
General Prerequisites
There is no prerequisite
Learning Outcomes
Upon successful completion of the course, the student will be able to: - Assimilate fundamental concepts of economic theory, inputs and outputs of economic operations, and their application to Forestry and forest production. - Gain the ability to cost forest production, as well as production and businesses within the forest products value chain. - Develop the capability to efficiently utilize available resources within forest enterprises and operations, while also seeking additional external means. - Acquire the ability to manage the financial aspects of forest enterprises and operations more effectively and with greater ease, enabling them to plan and schedule their economic operations within the framework of sustainability, thus ensuring their creditworthiness in the market. - Gain the capacity to stay informed about international developments, trends, and perspectives regarding policies on sustainability, environmental protection, and entrepreneurship.
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Adapt to new situations
  • Make decisions
  • Work autonomously
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Design and manage projects
  • Appreciate diversity and multiculturality
  • Respect natural environment
  • Demonstrate social, professional and ethical commitment and sensitivity to gender issues
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
This course covers essential aspects of Forest Economics and General Economics. It begins with the Principles of Economic Theory, emphasizing the principle of economy. Basic concepts of forest production economics are introduced, such as production, factors of production, inputs and outputs, and the unique characteristics of forest production. The role of land, capital, and labor in forestry is explored in depth. The course also delves into the concept of the enterprise, focusing on forest exploitation as an economic unit and activity. Key topics include the organization and management of forest enterprises, with a focus on their operation as systems involving costs, revenues, payments, and profits. Forest production costing is thoroughly examined, including types of expenses, depreciation, capital interest, and various costing methods (by Position and Entity). Attention is also given to the operational costing of forest enterprises and the production costing of forest industry products. The course introduces break-even analysis and the preparation and analysis of financial statements for forest enterprises. Practical applications of costing are emphasized. Finally, supply and demand for forest products are discussed, with a focus on the law of supply and demand.
Keywords
Forest Economics, Business Economics, Sustainability, Natural Resources, Entrepreneurship
Educational Material Types
  • Notes
  • Slide presentations
  • Book
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Laboratory Teaching
  • Use of ICT in Communication with Students
  • Use of ICT in Student Assessment
Description
● Powerpoint presentations, special videos and websites ● Educational material and communication in elearning - email exchange ● Using electronic secretariat and submitting grades
Course Organization
ActivitiesWorkloadECTSIndividualTeamworkErasmus
Lectures521.7
Laboratory Work521.7
Reading Assigment411.4
Exams50.2
Total1505
Student Assessment
Description
The achievement of the learning objectives will be assessed based on the written exam of the course and the delivery of a practical exercise in the university forests. In order to secure a passing grade (at least 5) it is required to achieve a passing grade in the final exam which includes: -Short answer questions from the entire course material -Solving exercises related to the subject of the course
Student Assessment methods
  • Written Exam with Multiple Choice Questions (Summative)
  • Written Exam with Short Answer Questions (Summative)
  • Written Exam with Extended Answer Questions (Summative)
  • Written Assignment (Summative)
  • Oral Exams (Summative)
  • Performance / Staging (Summative)
  • Written Exam with Problem Solving (Summative)
  • Report (Formative, Summative)
  • Labortatory Assignment (Summative)
Bibliography
Course Bibliography (Eudoxus)
Χάλκος Γ. 2023. «Οικονομική Φυσικών Πόρων και Περιβάλλοντος (2η έκδοση)» Εκδόσεις ΔΙΣΙΓΜΑ
Additional bibliography for study
Διαφάνειες μαθήματος Στάμου Ν. 1985. Οικονομική των δασικών εκμεταλλεύσεων Journal of Forest Economics Forest Policy and Economics Daowei Zhang and Peter H. Pearse 2011. Forest Economics UBC press, Vankouver Peter H. Pearse - 1990. Introduction to Forestry Economics Wagner, J. E. (2011). Forestry economics: a managerial approach. Routledge. Τσακλάγκανος ΆγγελοςΑ. Εισαγωγή στην οικονομική των επιχειρήσεων
Last Update
27-06-2025