Unit RURAL APPRAISAL
- Course
- Animal science
- Study-unit Code
- 80000506
- Curriculum
- In all curricula
- Teacher
- Antonio Boggia
- Teachers
-
- Antonio Boggia
- Luisa Paolotti (Codocenza)
- Hours
- 45 ore - Antonio Boggia
- 9 ore (Codocenza) - Luisa Paolotti
- CFU
- 6
- Course Regulation
- Coorte 2022
- Offered
- 2023/24
- Learning activities
- Caratterizzante
- Area
- Discipline gestionali e di sostenibilità
- Sector
- AGR/01
- Type of study-unit
- Obbligatorio (Required)
- Type of learning activities
- Attività formativa monodisciplinare
- Language of instruction
- Italian
- Contents
- The Module presents a set of evaluation methods of professional relevance. Firstly, the basic notions of financial calculation necessary for the purposes of evaluations are provided. Then we move on to illustrate the problem of evaluating private goods and services and to present the corresponding evaluation methods. Therefore specific evaluation cases are addressed. Subsequently, the problem of evaluating environmental assets is considered, due to their relevance in the agro-industrial production and consumption processes and in rural economies. The specific methods of evaluation of these goods are therefore presented.
- Reference texts
- Testi di riferimento TESTI_RIF Sì V. GALLERANI, G.ZANNI, D.VIAGGI, Manuale di Estimo, McGrawHill, 2004
2. I.MICHIELI, Fondamenti di Estimo, Bologna, Edagricole, 2003.
Materiale fornito dal docente - Educational objectives
- General knowledge of the appraisal process, with elements of bsic knowledge needed to analyze an to represent problems and to use the basic instruments needed to plan, to manage and to control the animal production farm. Rural appraisal and cadastral practice. Environmental Impact Analysis. Principles of data collection in legal evaluation. Financial advising activity aimed to access public funding.
- Prerequisites
- The student has to have fruitfully attended at the lecturing of a course of Agricultural Economics The following are necessary knowledge to attend effectively at this Module lecturing: a) concepts of production function, supply, demand, price, cost, market equilibrium, economic system; b) economic classification of the goods (private, public, common and club goods); c) notion of farm and agricultural enterprise, agricultural productive factors; d) balancesheet of the agricultural enterprise
- Teaching methods
- The teaching activity is articulated in lectures (42 hours) and practice classroom exercises (18 hours). The The lectures concerns the programme contents. The teaching tools are provided by the teachers by Moodle.
For each topic, the students are expected to carry out a self-evaluation close-ended test in the classroom (duration 5 minuts). After the completion, the test will be made available, to study purposes, by Moodle. In particular the test concern:
Test 1: Financial Mathematics defintions
Test 2 Private Investment Analysis
Test 3: Appraisal definition and principles
Test 4: Criteria and procedures for the evaluation of private goods and services
Test 5: Comparative evaluation of an agricultural real estate
Test 6: Methods of evaluation of environmental goods
Test 7: Multicriteria Analysis
The practice excercises concerns:
Financial calculus and economic-financial analysis of private investment project in agribusiness field (6 hour) Comparative evaluation of an agricultural real estate (6 hour)
Multicriteria analysis of environmental goods (6 hour) - Other information
- Frequency: optional but reccomended
- Learning verification modality
- The examination will be managed by through an oral test with the joint discussion of a brief individual written dissertation (Individual Report). The oral test concerns with an about thirty minutes discussion aimed at verifying the degree of knowledge and of understanding achieved by the student about the methodological contents of the Module. Moreover, the oral test aims at verifying: a) the student’s capability to identify the specific characteristics of the evaluation problems; b) the level of correctness in using the technical language specific of the Module.
The brief individual written dissertation consists on the elaboration of the evaluation of a private investment and it has to be carried out by the student by the systematic supervision of the Teacher. The dissertation is aimed at verifying the student degree of achievement of competences. The dissertation has to be produced during the Module lecturing period. The dissertation report (Individual report) has to be completed and submitted to the teacher by the end of the Module lecturing period.
The final evaluation of the student examination will be made by the average evaluations achieved in the oral tests and in the dissertation report: the oral test will be weighted by 5 credits and the dissertation report will be weighted by 1 credit (see the Programme section for details). In particular, the Individual Report will be evaluated with respect to the following criteria: a) completeness; b) accuracy; c) expertise; d) originality; e) clarity. - Extended program
- a-Frontal lectures (42 hours)
1. Financial mathematics, financial calculation and investment evaluation
1.1 Motivation for the use of financial mathematics. Definitions of interest, interest rate, financial transaction, interest rates.
1.2 Simple interest regime: calculation of interest, amount and discount. Compound interest regime: calculation of interest, amount and discount.
1.3 Annuality: definition. Classification of annualities: constants and variables; postponed and anticipated; limited and unlimited. Accumulation problems: final accumulation; initial accumulation, intermediate accumulation. Calculation of the reintegration fee with financial calculation. Mortgage amortization plan.
3. General and rural appraisal (16 hours)
3.1. The problem of evaluation: general characteristics and relevance in agro-industrial production and supply systems.
3.1.2 Definition of appraisal; price and value; characters, moment and purpose of the estimate.
3.1.3 Appraisal postulates and economic aspects of goods.
3.1.4 Appraisal procedures and estimation process.
3.1.5 Appraisal of farm
4. Evaluation of environmental goods (10 hours)
4.1 The problem of the evaluation of environmental goods: general characteristics and relevance in agro-industrial production and supply systems.
4.2 Sustainable development and implications for evaluation
4.3 Environmental assessment procedures
4.4 Classification of evaluation methods.
5. Evaluation of private and public investments (8 hours)
Exercises (18 hours)
Financial calculation and economic-financial analysis of a private agro-industrial investment project
Classroom exercises: Multicriteria analysis (first level of learning); Environmental impact assessment (first level of learning) - Obiettivi Agenda 2030 per lo sviluppo sostenibile