PPT-Economics of Forest Resources

Ashir Mehta Source Field Barry 2001 Natural Resource Economics An Introduction Chapter 12 McGraw Hill issues When to cut a tree obj max sust value of timber harvest . CUSTOM . N. NYIRENDA. DEPARTMENT . OF FORESTRY. Introduction. Forests provide social, economic and environmental . benefits. . They support livelihoods through the provision of shelter, energy, shade, medicinal plants, income and food.. An Introduction. What is Economics?. Task 1. Write down five questions or statements that you think have something to do with economics.. Now share your ideas with the rest of the class. Given the range of comments and issues collected by the group could you now write down a definition of what economics is?. 2313:Spring, 2013. Welcome. !. What is economics?. Economics is the study. of how individuals and. societies allocate. scarce. resources among. (competing) . alternative. uses.. Scarcity. . Available resources are insufficient to satisfy wants.. : Find your seat on the paper at the front of the room…. The Last Word. : . No homework. FrontPage. : . NNIGN – sit down and relax.. . The Last Word. : No homework . . What do these people want?. ?. Scarcity . and Choice. Kerry Montano. University High School. Objective. After taking notes from a . Powerpoint. , student will work with a partner to identify . conditions that might cause people to . Introduction 1Structure of the document Terms, definitions and explanatory notes 11Woody invasive species 11. FRA 2015 – Terms and Definitions 1 IntroductionFAO has been coordinating global fores Fundamental Economic Concepts. Chapter One. What is Economics. ?. The Study of how people try to satisfy what appears to be seemingly unlimited and competing wants through the careful use of relatively scarce resources.. Introduction. How would you define economics?. Why are some people and nations wealthy and others poor?. Key Terms. Economics: . the . study of how people choose to use their limited resources to satisfy their unlimited . 1 Multiple Choice Tutorial Chapter 1 The Art and Science of Economic Analysis 2 1. When is a good or service scarce ? a. it is rare and hard to come by. b. there is not enough of it available for everybody who wants it for free. Theme 2. Economics. Economics: the study of how people . choose. to use resources.. It is the study of choices. .. What are your resources? . Economics is not a science.. It is a set of theories, but none, has scientific validity.. Would you rather…. Study or go to the movies?. Eat a salad or French fries?. Buy a new phone or a new outfit?. How do you decide?. Economics. The study of scarcity and choice.. Economists ask: How do we satisfy our needs and wants by making choices?. ECONOMIC ANALYSIS (DBM-121). A K JHA. Introduction. Economic Analysis . Relevance of the course. Why do you need to study it?. Unlimited needs and want. Limited resources. Multiplicity of needs and wants. Introduction to forest accounting. Marko Javorsek. United Nations Statistics Division. Forest accounts in SEEA. SEEA Central Framework. Physical descriptions of forestry-relevant stock assets (e.g., land and standing timber), . The study of how people seek to satisfy their . needs . and . wants. by making . choices. Relationship between Economics and Scarcity. What is “Scarcity?”. What is Scarcity?”. Economic situation where there are .