Economagic Lessons

The six lessons below follow a sequence, with each lesson building on the concepts of the previous lesson. Because of this, we don’t recommend beginning a lesson without first completing the preceding ones. However, you may not need to complete all six lessons. The lessons are divided into three levels: beginner, intermediate, and advanced. Use the descriptions below to choose the lessons that are right for you. Each lesson link will take you to a new page that will include access to that lesson's notes, streaming video presentation, quiz, exercises, and activity.

Beginner Level:

Suitable for anyone interested in understanding the basic financial principles of time and money and how they relate to owning and managing forestland.

Lesson 1: Compound Interest - See how money grows (sometimes on trees!)

Intermediate Level:

These lessons explore the financial principles of time and money in more depth, looking at more specific applications and introducing some more complex mathematical concepts. These lessons are for landowners who are interested in incorporating financial principles into their decision-making.

Lesson 2: Payment Series - When once is not enough

Lesson 3: Inflation - Money ain’t what it used to be

Lesson 4: Net Present Value (NPV) - The Bottom Line

Advanced Level:

These lessons cover the most complex topics and are geared towards landowners for whom timber harvest and income are important management goals.

Lesson 5: Soil Expectation Value (SEV) - The Economics of Your Dirt

Lesson 6: Forest Value - Valuing Land and Timber Together