Basic microeconomics will be covered, together with environmental economics and forest and resource economics. Students will learn about the global nature of the forest sector, where international trade is a pillar. Furthermore, students will gain insight into the main value chains in different parts of the world, with emphasis on the boreal forestry. Forest policies vary widely across countries, and students will understand how they are important for shaping the sector in different countries/parts of the world, the competitiveness as well as other values (ecosystem services). The same is also true for type of ownerships, that varies a lot across countries. Ownership behavior will be covered. The course will also cover the important changes the international forest sector is currently going through, due to shifts in technologies, costs, demand and environmental policies and the society’s expectations. Certification systems will be gone through.