Agricultural Economics, Rural Appraisal and Agricultural Policy

Module Rural Appraisal

The course aims to provide students with the essential methodological knowledge for the valuation of private assets and in compliance with international real estate valuation standards.

Teaching methods vary and include lectures, in-depth seminars, and educational visits.

To ensure equal opportunities and in compliance with applicable laws, interested students may request a personal interview to plan any compensatory and/or extenuating measures, based on their learning objectives and specific needs. For further details, please contact the CInAP (Center for Active and Participatory Integration - Services for Disabilities and/or DSA) contact teacher at the Di3A Department.

None

Attendance at the course is not mandatory but strongly recommended.

Fundamentals of Financial Mathematics

Fundamentals of Statistics

General Appraisal: appraisal principles; appraisal criteria; market value; appraisal procedures based on market comparisons; appraisal procedures based on income capitalization; cost estimation procedures; valuation codes and appraisal standards; the report of the appraisal.

Special Appraisal: Land market analysis; appraisal of agricultural land using various methods; appraisal of pending fruits and anticipated crops; assessments of the appropriateness of land improvements; characteristics of the land and building cadastre; legal appraisals.

Appraisal Institute (2013). The Appraisal of Real Estate, 14th Edition.

Student preparation will be assessed based on the following criteria: learning ability and depth of understanding of the topics covered, ability to summarize and present, and reasoning skills. To this end, the following will be included: a written midterm exam; a final oral exam.

Grades are expressed in thirtieths. The exam is considered passed if the student achieves a grade of at least eighteen thirtieths. Assessment may also be conducted online, if circumstances warrant.

Grading follows the following scheme:

Failed:

Knowledge and understanding of the topic: significant deficiencies; significant inaccuracies;

Analysis and synthesis skills: irrelevant; frequent generalizations; inability to summarize

Use of references: completely inappropriate

18-20:

Knowledge and understanding of the topic: threshold level; Obvious Imperfections

Analysis and Synthesis: Barely adequate

Use of References: Barely appropriate

21-23:

Knowledge and Understanding of Topic: Routine Knowledge

Analysis and Synthesis: The candidate demonstrates correct analysis and synthesis skills. He or she argues his or her arguments logically and coherently.

Use of References: Uses standard references.

24-26:

Knowledge and Understanding of Topic: Good Knowledge

Analysis and Synthesis: The candidate demonstrates good analysis and synthesis skills. The topics are expressed coherently.

Use of References: The candidate uses standard references.

27-29:

Knowledge and Understanding of the Topic: The candidate demonstrates more than good knowledge.

Analysis and Synthesis: The candidate has excellent analysis and synthesis skills.

Use of References: The candidate has thoroughly researched the topics.

30-30L:

Knowledge and Understanding of the Topic: The candidate demonstrates excellent knowledge of the topics.

Analysis and Synthesis: The candidate has excellent analysis and synthesis skills.

Use of References: The candidate demonstrates the ability to provide significant in-depth analysis.

1. Interest and discount regimes

2. Valuation assumptions

3. Classification of appraisal procedures

4. General appraisal system

5. NAT

6. Income capitalization appraisal

7. Valuation standards

9. Cadastral identification of agricultural land

10. Appraisal of agricultural land