Module 6 Self-test

Please answer the following self-reflection essay questions. After formulating your answers, you may post them online at the Knowledge Café for this course as a way to share your ideas and glean knowledge from other students’ responses.

  1. What is the rationale of conducting benefit cost analysis?
  2. How do you integrate forest resource accounting into national accounting systems?
  3. What are the purposes of timber valuation?
  4. What are the methods used to value forest recreation areas?
  5. What is the method used to value protected areas?