AGRICULTURAL ECONOMICS AND RURAL APPRAISAL
Learning outcomes of the course unit
The course is aimed at teaching knowledge and understanding of the basic the evaluation in planned areas and estimating; the student will also learn to apply the acquired knowledge and understanding to identify the needs in professional applications to give adequate answers, making judgment and improving communication skills and learning skills.
Course contents summary
The cost analysis, metric estimate calculation, explicit and implicit costs. The costs of recovery and redevelopment; the long run costs and the analysis of the life cycle. Cost classification, judgment of convenience; direct costing and full costing, full cost of construction; contribution margin and breakeven point analysis. Values in appraisal practice. The real estate market and real property long-term evaluations. Financing transactions and borrowing choices. Balance sheet and financial statement in construction and real estate management; Real estate and construction firms typicality; duration of the production cycle; capital intensive firms; firms scoring and corporate risk management. Local and regional authorities; drainage; taxes and duties, direct and indirect taxes. Natural resources valuation; externalities. Sustainable development.
Iotti M. (2009). La valutazione degli investimenti industriali, Franco Angeli, Milano.
Simonotti M. (2006). Metodi di stima immobiliare, Flaccovio, Palermo.
Assessment methods and criteria