[F&ES 675b] / 2017-2018

Growth and Yield (dates tbd)

Credits: 1

Spring 2018: Not Offered
 

 
This advanced quantitative course introduces students to the variety of decision support tools used by land managers and investors to predict ecological and financial outcomes on managed forestlands. Growth and yield modeling is a tool used to anticipate future forest conditions and understand the associated changes in value. This course is designed for F&ES and SOM students interested in forestland management and investment to understand how these models function and how to integrate results of modeling exercises into decision support tools such as financial modeling for timber investment and carbon markets. The course progresses from the theoretical framework of G&Y models and the inventories they are based upon, to hands-on application using real models and sample datasets. Students then input the results from the modeling exercises (timber yield or other ecosystems services such as carbon or water) into financial models to see how harvests and other management decisions affect forestland values and revenues into the future. The course relies primarily on guest lecturers.