Agricultural Economics, Rural Appraisal and Agricultural Policy
Module Rural Appraisal

Academic Year 2022/2023 - Teacher: MARIA DE SALVO

Expected Learning Outcomes

To supply conceptual and practical skills in the field of land and rural appraisal. 

Knowledge and understandingto identify estimation criterion and phases for the main topics of rural appraisal;

Applying knowledge and understanding: to apply estimation procedures and the reference legislation;

Making judgments: to search, organize and analyze data on comparables and the subject;

Communication skills: to acquire an adequate technical language and to be able to appropriately communicate estimation results, also through the drafting of evaluation reports compliant with international evaluation standards;

Learning skills: to face advanced case studies with a high degree of autonomy.

Course Structure

Lectures (21 hours) and exercises (14 hours). Case studies discussion; group work; thematic seminars. Drafting of a final report.

In case of on line teaching, it may necessary to change some tipologies of exercises in order to comply with the outline. Learning assessment can also be carried out online, if conditions require it.

As a guarantee of equal opportunities and in compliance with current laws, interested students can ask for a personal interview in order to plan any compensatory and/or dispensatory measures, based on their specific needs and on teaching objectives of the discipline. 
It is also possible to ask the departmental contacts of CInAP (Center for Active and Participatory Integration - Services for Disabilities and/or DSAs), in the persons of professors Giovanna Tropea Garzia and Anna De Angelis.

 

Required Prerequisites

no one.

Attendance of Lessons

not mandatory.

Detailed Course Content

Elements of financial mathematics. Basic statisitcs. Appraisal postulates and criteria. Market-oriented appraisal mehods: traditional approaches; market comparison approach; paired data analysis; general systems approach; nearest appraisal technique; regresssion models. The cost approach; deprecation estimates. The income approach. Land market and market analysis. Appraisal standards. The appraisal report. Professional practices and law.
 

Textbook Information

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

Course Planning

 SubjectsText References
1Elementi di matematica finanziariaMateriale didattico disponibile su studium
2Elementi di statistica Materiale didattico disponibile su studium
3Estimo generale: postulati estimativi; criteri di stima; procedimenti di stima market oriented: procedimenti mono-parametrici (sintetici); market comparison approach; paired data analysis; sistema generale di stimaTesto 2, capitoli: 2, 4, 5, da 8 a 11, 14
4Estimo generale, cost approach, income approachTesto 2, cap. 14 e 18
5Analisi del mercato fondiario; codici di valutazione e standard estimativi; la perizia estimativa.Testo 3, capitolo da 1 a 4
6Estimo speciale: la stima dei diritti reali; la stima nelle espropriazioni per pubblica utilità; la stima dei fabbricati rurali, la stima di un fondo rustico, la stima di un fondo suscettibile di miglioramento, la stima degli arboreti da frutto, la stima dei frutti pendenti e delle anticipazioni colturali, i giudizi di convenienza sull'esecuzione di un miglioramento fondiario.Testo 1, capitoli 45, 47, 49, 63 e 64
7 elementi di estimo forestale; elementi di catasto terreni e catasto fabbricati; elementi di estimo ambientale; risoluzioni di casi estimativi notevoli.Materiale didattico disponibile su studium

Learning Assessment

Learning Assessment Procedures

The evaluation of the student's preparation will take place on the basis of the following criteria: learning ability and level of depth of the topics covered, properties of synthesis and exposition, and the student's ability to reason.

The vote follows the following scheme:

Unsuitable

Knowledge and understanding of the topic: Important shortcomings. Significant inaccuracies

Ability to analyze and synthesize: Irrelevant. Frequent generalizations. Inability to synthesize

Use of references: Completely inappropriate

18-20

Knowledge and understanding of the topic: At the threshold level. Obvious imperfections

Analysis and synthesis skills: Just enough skills

Use of references: As appropriate

21-23

Knowledge and understanding of the topic: Routine knowledge Analysis and synthesis skills: It is capable of correct analysis and synthesis. Argue logically and consistently

Using references: Use standard references

24-26

Knowledge and understanding of the topic: Good knowledge

Analysis and synthesis skills: Has good analysis and synthesis skills. The arguments are expressed consistently

Using references: Use standard references

27-29

Knowledge and understanding of the topic: Knowledge more than good

Ability to analyze and synthesize: He has considerable abilities of analysis and synthesis

Use of references: Has explored the topics

30-30L

Knowledge and understanding of the topic: Excellent knowledge

Ability to analyze and synthesize: He has considerable abilities of analysis and synthesis.

Use of references: Important insights.

Examples of frequently asked questions and / or exercises

Estimation stages

Estimation procedures

Market Comparison Approach

Direct Capitalization

Cadastre

Valuation standards