Forestry Economics: A Managerial Approach (Routledge Textbooks in Environmental and Agricultural Economics) Book

Forestry Economics introduce students and practitioners to all aspects of the management and economics of forestry. The book adopts the approach of managerial economics textbooks and applies this to the unique processes and problems faced by managers of forests.

The book includes several distinguishing features:

• whereas most books concentrate solely on production, this text also covers recreation and other aspects of forest management
• international real world case studies that provide a clear view of how managerial decisions impact on the industry
• a concentration on the nuts and bolts of decision-making, through use of cost-benefit analysis, supply and demand, capital budgeting and risk.

The examples used come from the areas of outdoor and commercial recreation, wood products engineering, forest products and large scale timber production. Each section is underpinned by the quetsion of how to use economic information to make better business decisions.