Course: Resource Use Optimisation for Permanent Crops and Forests (since SS 2017 LV-Code 4101-431) (4101-421)

Persons:

• apl ProfDr Christian Lippert (verantwortlich)

Type of Course:

lecture with exercise

In-Class Hours Per Week:

2

Contents:

Biological growth of permanent crops and woodland resources will be modelled. These models will be combined with investment appraisals (e.g. calculating net present values and land rent) to derive optimised single and infinite rotations for different kinds of plantations. In addition, the optimum use of natural forests will be analysed taking all external and internal net benefits into account. The lectures deal with adequate bioeconomic concepts. The accompanying, in-class computer exercises enable the students to apply introduced theoretical concepts to real-world problems by means of spreadsheet modelling.

Literature:

Perman, R., Yue, M., McGilvray, J. and M. Common (2003): Natural Resource and Environmental Economics; Third Edition. Munich, Pearson.

Location:

Hohenheim

Module:

• 4101-420 Internal and External Costs and Benefits of Biobased Products (compulsory)