A firm grounding in economics is integral to sound forest management, investment, policies, and practices. Forest Economics covers the basic economic concepts, principles, and constructs and shows how these are applied in private and public forestry decision making.
This comprehensive edition contains up-to-date data, examples, and applications of economic principles, along with literature and study questions, and additional valuable content in several key areas:
The advanced empirical presentation and keen attention to new developments in the field reflect the authors' decades of teaching experience in the United States and Canada. Forest Economics is quite simply indispensable.
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Daowei Zhang is George W. Peake Professor of forest economics and policy and associate dean of research in the College of Forestry, Wildlife, and Environment at Auburn University in Alabama. He worked at the Ministry of Forestry and China Development Bank and served as a senior forestry officer and team leader for climate change and resilience at the Food and Agriculture Organization of the United Nations. Among his publications are From Backwoods to Boardrooms: The Rise of Institutional Investment in Timberland and The Softwood Lumber War: Politics, Economics, and the Long U.S.-Canadian Trade Dispute.
Peter H. Pearse is a professor emerit in the Faculty of Forestry at the University of British Columbia and is a registered professional forester (retired). He also served as a board member for Alcoa and is a member of the Order of Canada.
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