Study unit

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3513144 Analysis in Forest Economics and Policy, 6 Cp 
Code 3513144  Validity 01.01.2014 -
Name Analysis in Forest Economics and Policy  Abbreviation FEPA 
Credits6 Cp  Date of expiry  
TypeAdvanced Studies Subject0951 Forestry 
ClassStudy Unit  Hours  
Study right   Grading0-5 
Recommended scheduling 
Organisation Forest Sciences (J) 

Jouni Pykäläinen 

Study unit's general literature:
Author Title Year Obligatory library
Literature specified during the lectures.
     Klemperer, D.  Forest resource economics and finance  1996  Obligatory library
     Additional information p. 177- 394, 479-523.

Learning outcomes 

Upon the completion of the course, the students are expected to be able to apply quantitative, logic-analytical and qualitative methods in the studying and developing of efficiency, effectiveness and processes of forest policy and organizations. The students are expected to be able to statistically and qualitatively describe the situation at hand and test hypotheses for the behavior of forest sector stakeholders derived from relevant theories with empirical data.


Essentials: Applications of economic and policy theories in the research of forestry and forest industries: determination of timber price, regional and international integration of timber markets, analysis of timber supply, international trade of forest industry products, business cycle fluctuations in forest industry and market forecasts. Econometric modeling and hypotheses testing with econometric software. Interpretation and reporting of the econometric results. Qualitative research in forest economy and policy. Qualitative data and its computer-aided analysis.

Modes of study 

Lectures (20 h), exercises (30 h) and assignments.

Teaching methods 

In the autumn 2020, as distance learning online through Teams.

Study materials 

Literature specified on the lectures. 

Klemperer, D. Forest resource economics and finance. 1996. s. 177-394, 479-523.

Evaluation criteria 

0-5. Assessment based on the lecture and exercise diary.


Professor and Senior Researcher of Forest Economics and Policy


Previous studies: Forest economics/Economics of multiple use forestry, Forest policy/International forest governance and environmental policy


Every autumn.



Further information 

The language of instruction for the course is English.


Letter (J, K) in front of the name of the course/exam indicates the campus on which teaching or exam takes place: J = Joensuu, K = Kuopio.

Present and future teaching
Functions Name Type Cp Teacher Timetable
Register J: Analysis in Forest Economics and Policy  Lecture and exercise course  Jouni Pykäläinen  27.10.21 -07.12.21

Future exams
No exams