Forestry economics : a managerial approach / by John E. Wagner.

Includes bibliographical references and index.

1. Introduction --- 2. Production Systems --- 3. Costs --- 4. Revenue --- 5. Profit --- 6. Supply and Demand --- 7. Market Equilibrium and Structure --- 8. Capital Theory: Investment Analysis --- 9. The Forest Rotation Problem --- 10. Capital Theory: Risk --- 11. Forest Taxes --- 12. Estimating Nonmarket Values ---- Appendixes.

Forestry Economics introduces 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. While most forestry economics books are written by economists for future economists, what many future forest and natural resource managers need is to understand what economic information is and how to use it to make better business and management decisions. John E. Wagner draws on his twenty years of experience teaching and working in the field of forest resource economics to present students with an accessible understanding of the unique production processes and problems faced by forest and other natural resource managers. -- Back cover.