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Mar 28, 2024
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NATRS 301 - Resource EconomicsCredits: 5 Emphasizes the practical understanding of distribution of limited resources be it financial or physical. Financial topics include forest resource valuation and financial analysis concepts, inflation, risk and uncertainty, taxes related to both property ownership, and business and financial decision making. Students become familiar with parts of a contract including boilerplate clauses and specialized terms related to logging, road building and timber sales. Covers timber sale and unit appraisal. Labs focus on computational problems and associated computer software used in the forest management industry.
Prerequisite: NATRS 180 or MATH& 141 or higher; or instructor’s permission.
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