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FORS 436 - Project Appraisal. 3 Credits.
Offered autumn. Prereq., FORS 320 or consent of instructor. A suite of techniques, collectively referred to as project appraisal methods, facilitate evaluation of alternative projects. In this applied, computer laboratory-based course, students will become familiar with the use of discounted cash flow analysis and mathematical programing to evaluate proposed courses of action and recommend the economically efficient alternative. Skills will be developed applying these techniques to problems faced by natural resource managers and policy-makers.