Standard 4

Economics and Administration in Forestry

Canada’s forest resources provide a wide variety of goods and services. Utilizing forest resources requires knowledge of the principles of allocation of limited resources among competing interests and the economic, policy and administrative forces that cause change.

Availability

All online modules will run 3 times a year, coinciding with the Fall, Spring and Summer terms, as per the University of Toronto academic calendar. Each module will begin approximately 3 weeks following the commencement of the academic term, and will last 8 weeks. Exact course start dates will be specified upon registration.
Field courses modules will be offered in the Spring and Fall terms, and potentially the Summer term, pending enrolment numbers. Spring sessions will take place during the first 2 weeks of May, fall sessions the last 2 weeks of October, and mid-summer sessions the first 2 weeks of July.

Relevant Content

Content and importance of business and project plans.
Risk management relative to forest resources.
Organizational structure and function.
Business concepts that apply to a management plan.
Effects of national and global trends on supply and demand, and flow of forest-based products including price and production.
Basic operational plans for a project to achieve resource management objectives within available resources.