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 2023
- Offered
- 2024/25
- Learning activities
- Caratterizzante
- Area
- Discipline gestionali e di sostenibilità
- Academic discipline
- 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
- 1- MICHIELI M., CIPOLOTTI G., Trattato di Estimo, Edagricole 2018.
2-V. GALLERANI, G.ZANNI, D.VIAGGI, Manuale di Estimo, McGrawHill, 2008 (con casi di studio online)
3- Materials managed by the Teacher - Educational objectives
- The objective of the Module is to provide the student with the basic knowledge in terms of:
• Methodological principles and tools for evaluation;
• Fundamentals for the analysis of private and public investment projects;
• Evaluation methods of private and public goods and services;
• Basic knowledge of the evaluation of environmental assets.
The main skills (ability to apply the acquired knowledge) will be:
• to elaborate the economic-financial analysis of a private and public investment project (professional level)
• carry out the market evaluation of a rustic fund (professional level)
• develop a simple multi-criteria analysis (first level of learning)
• draw up a simple environmental impact assessment (first level of learning) - Prerequisites
- The student has to pass the examination of Economics (istituzioni di Economia). Moreover, it useful to have fruitfully attended at the lecturing of the first Module Agricultural Economics and Policy (Economia e Politicca Agraria) or, alternatively, it useful to cope with study of the analysis of the economic and financial outcomes of the agricultural enterprise. The following are necessary knowledge to attend effectively at this Module lecturing: a) concepts of production function, supply, demand, price, cost, market equilibrium; 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 carried out through lectures (42 hours), individual exercises and in the classroom (total 18 hours)
The course is organized in classroom lectures on the topics listed in the program (42 hours) and with exercises in the classroom on the topics covered. The teaching material is made available by the teacher through Unistudium.
The exercises cover:
Evaluation of private investments in agro-industry and rural activities (6 hours);
Multicriteria analysis of environmental goods (6 hours);
Environmental impact analysis of environmental goods (6 hours) - Other information
- Frequency
recommended
Venue
Classroom of the Department of Agricultural, Food and Environmental Sciences, University of Perugia - Learning verification modality
- The examination will be managed through an oral exam of about 20 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.
- 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
- Goal 8 Decent work and economic growth
Goal 9 Industry, Innovation and Infrastructure