Unit APPRAISAL PRINCIPLES

Course
Agricultural and environmental sciences
Study-unit Code
80986106
Curriculum
Verde ornamentale
Teacher
Biancamaria Torquati
Teachers
  • Biancamaria Torquati
Hours
  • 54 ore - Biancamaria Torquati
CFU
6
Course Regulation
Coorte 2019
Offered
2020/21
Learning activities
Caratterizzante
Area
Discipline economiche estimative e giuridiche.
Academic discipline
AGR/01
Type of study-unit
Obbligatorio (Required)
Type of learning activities
Attività formativa monodisciplinare
Language of instruction
Italian
Contents
ESTIMATION METHODS. TOTAL ECONOMIC VALUE, EXTERNALITIES, PUBLIC GOODS. EVALUATION CRITERIA AND METHODS OF ENVIRONMENTAL GOODS (1 CREDIT)
NO MONETARY EVALUATION OF LANDSCAPE (20,5 CREDITS)
ECONOMIC VALUE OF FARM. ECONOMIC VALUE OF TREES (1 CREDITS)
ECONOMIC EVALUATION OF LANDSCAPE PROJECTS (2 CREDITS)
LEGISLATION AND POLICIES FOR AGRICULTURAL LANDSCAPE AND URBAN GREEN (0,5 CREDIT)
MONETARY EVALUATION OF LANDSCAPE (1 CREDITS)
Reference texts
Gallerani V. (2011), Manuale di estimo, McGraw-Hill, seconda edizione, Milano
Tempesta T. (2005), Tecniche di valutazione del paesaggio e dei beni architettonici, Università degli Studi di Padova, dattiloscritto.
Idda L. et al. (2006), Paesaggio e sviluppo rurale in Sardegna, FrancoAngeli, Milano
Dispense fornite dal docente
Educational objectives
The course has the main objective to provide students with the necessary theoretical and methodological knowledge to set up the economic management of agricultural landscape.
The objective of this course is to teach the student the necessary methodological acquaintances for: valuation rural landscape and the interventions for its safeguard and management; analysing the economic and financial effects of a public investment regarding rural landscape; analysing the politics for rural landscape.
The main knowledge gained will be:
• knowledge of traditional methods of estimation;
• knowledge of non traditional methods of estimation utilized monetary and non-monetary valuation of landscape
• knowledge of the policies of rural landscape;
The main skills are:
• analyzing costs and benefits of landscape investments;
• identify issues related to the management of agricultural landscape at farm and territorial level.
• Be able to read the regulations concerning agricultural landscape
• Formulating technical report
• use data processing models elaborate on the Excel program.
The course allows, through exercises and farm visits / seminars with entrepreneurs and professionals, active learning in order to stimulate social skills, decision-making and negotiation to the client, as well as to acquire the technical language necessary to interact with specific expertise in the economic sector.
Prerequisites
In order to be able to obtain maximum benefit from the course you must have passed the Math exam and Economy and agri-food policy exam. These prerequisites are valid both for students attending and for those not attending.
Teaching methods
Lectures on all the topics of the course.
Exercises at computer lab for the implementation of: 1) Olive grove cost of productions; 2) Hedge and tree cost maintenance; 3) Non-monetary valutation of landscape; 4) Monetary valutation of landscape; 5) Restoration of dry walls; 6) Project for the maintenance of public parks.
Each student will work with a PC and can download from Unistudium the tools required for exercises including data and calculation models on Excel spreadsheet.
The exercises completed of the students must be uploaded to Unistudium at least one week before the date of the oral exam.
Farm visits and seminars. There are planned two visits at Umbrian successful farms and FAI site, two seminars with experts to investigate operational aspects related to the most topical issues in relation to landscape.
Other information
Attendance is recommended
Learning verification modality
The exam consists of a written test and a presentation of four technical elaborated realized individually or in group works (maximum three students).
The written test consists of answering at ten (10) questions with open answers on all topics of the course. All the questions concern theoretical content. The test lasts two hours and it is designed to test the ability to understand the issues raised and the ability to communicate in written form using appropriate terms.
The oral exam consists of the discussion of about 30 minutes of the four technical elaborated produced independently or in work groups. The first one focus on the formulation of a no monetary valuation of historical agricultural landscape of a rural area with explanation of the methodology used and the results obtained. The data of this technical elaborated and the spreadsheet of indicators are provided during the course. The second technical report concerns a project of restoring a landscape element. The data will be collected directly by students during a visit site.
The third report concerns, however, a forest estimation in a landscape area through no-traditional estimation methods as the travel cost. The fourth report concerns finally the setting of a survey for the landscape monetary valuation through an choice experiment.
Extended program
ESTIMATION METHODS. TOTAL ECONOMIC VALUE, EXTERNALITIES, PUBLIC GOODS. EVALUATION CRITERIA AND METHODS OF ENVIRONMENTAL GOODS (1 CREDIT)
Lessons. Content, goals and methods of valutation. Direct market valutation approaches. Capitalization of income approach. Production cost. Estimation procedures. Phases and reports of estimation. The assets subject to the environmental assessment. Market value and social value. Total economic value (TEV). Multi-criteria evaluation of environmental goods (Gallerani, Chapters 1, 19)
Exercises. Cost of productions. Estimation methods.

NO MONETARY EVALUATION OF LANDSCAPE (20,5 CREDITS)
Lessons. Landscape as an economic good. Non-monetary evaluation of landscape. Visual-perceptual investigations. Quality of landscape. Index aesthetuc vision. Correlation analysis. [Tempesta, 2005 chapters 2, 3].
Exercises. Non-monetary valutation of landscape.

ECONOMIC VALUE OF FARM. ECONOMIC VALUE OF TREES (1 CREDITS)
Lessons. Financial statements. Evaluation methods. Balance method. Income method. Mixed method. Economic value of trees. Estimation of ornamental value [Gallerani, chapter 7; Slides]
Exercises. Balance Sheet and Income Statement. Estimate of a farm. Estimated value of trees.

ECONOMIC EVALUATION OF LANDSCAPE PROJECTS (2 CREDITS)
Lessons. Costs and benefit analysis. Valutation across stakeholders. Assessment of public investments. Assessment of private investment. Interest rate. Social interest rate, Sensitivity analysis. (Gallerani, chapter 23)
Exercises. Restoration of dry walls. Project for the maintenance of public parks. Cost-benefit analysis of a rural-urban park. SWOT Analysis
Visit of a public park.

LEGISLATION AND POLICIES FOR AGRICULTURAL LANDSCAPE AND URBAN GREEN (0,5 CREDIT)
Lessons. European Landscape Convention. Landscape Plan of Italian Region. The landscape report. Tha nationa strategic plan. Rural development policy. Landscape and Rural Developmnet palns (RDP). The governance of Urban green. Urban green indicator.

MONETARY EVALUATION OF LANDSCAPE (1 CREDITS)
Lessons. Monetary evaluation of landscape. Value of pubblic assets. Methods based on market price. Methods based on demand. Hedonic price method. Travel cost method. Contingent valuation. Introduction to the choice experiment. [Gallerani, chapter 20; Idda e Pulina, 2006 chapter 3].
Exercises. Monetary valuation of landscape.
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