Antonio NESTICO' | APPRAISAL AND ECONOMICS

cod. 0612100016

APPRAISAL AND ECONOMICS

	0612100016
	DEPARTMENT OF CIVIL ENGINEERING
	EQF6
	BSC DEGREE IN CIVIL ENGINEERING
	2024/2025

PERCORSO BSC DEGREE IN CIVIL ENGINEERING

	OBBLIGATORIO
	YEAR OF COURSE 2
	YEAR OF DIDACTIC SYSTEM 2022
	SPRING SEMESTER

TEACHING UNITS

	SSD	CFU	HOURS	ACTIVITY	TYPE OF ACTIVITY
	ICAR/22	6	60	LESSONS	SUPPLEMENTARY COMPULSORY SUBJECTS

PROFESSORS

	ANTONIO NESTICO' T Curriculum
	GABRIELLA MASELLI Curriculum

	Objectives
	GENERAL AIM: KNOWLEDGE OF THE NOTIONS OF ECONOMICS AND APPRAISAL RELEVANT TO THE ENGINEER IN THE DESIGN AND MANAGEMENT OF CIVIL WORKS AND URBAN REGENERATION PROCESSES. KNOWLEDGE AND UNDERSTANDING: ACQUISITION OF THE PRINCIPLES OF THE APPRAISAL DISCIPLINE, OF THE OPERATIONAL METHODOLOGY AND OF THE REGULATORY FRAMEWORK GUIDING THE APPRAISER IN MAKING ECONOMIC VALUE JUDGEMENTS CONCERNING MARKETABLE GOODS AND SERVICES. BE ABLE TO APPLY KNOWLEDGE AND UNDERSTANDING: TO BE ABLE TO CRITICALLY READ DOCUMENTS AND INFORMATION TO BE CONSIDERED IN THE EVALUATION, TO KNOW THE SOURCES OF DATA, TO BE ABLE TO DRAW UP THE TECHNICAL-ECONOMIC REPORT (APPRAISAL OR OTHER) TRACING THE LOGICAL PHASES OF THE VALUATION JUDGEMENT. MAKING JUDGEMENTS: ABILITY TO IDENTIFY THE ECONOMIC ASPECT ACCORDING TO THE PURPOSE OF THE ESTIMATE, TO ANALYSE AND PROCESS MARKET DATA, TO CHOOSE THE ESTIMATIVE PROCEDURE TO BE USED. COMMUNICATION SKILLS: TO BE ABLE TO WORK IN A TEAM, CLEARLY REPRESENTING THE ROLE OF THE DISCIPLINE AND THE RESULTS OF ONE'S WORK. ABILITY TO LEARN: TO BE ABLE TO APPLY THE ECONOMIC-ESTIMATIVE PARADIGMS TO THE DIFFERENT DISCIPLINARY FIELDS, UPDATING ONE'S OWN PREPARATION ACCORDING TO NEW TOOLS FOR DATA ANALYSIS AND IN RELATION TO THE EVOLUTION OF THE REGULATORY FRAMEWORK.

GENERAL AIM:
KNOWLEDGE OF THE NOTIONS OF ECONOMICS AND APPRAISAL RELEVANT TO THE ENGINEER IN THE DESIGN AND MANAGEMENT OF CIVIL WORKS AND URBAN REGENERATION PROCESSES.

KNOWLEDGE AND UNDERSTANDING:
ACQUISITION OF THE PRINCIPLES OF THE APPRAISAL DISCIPLINE, OF THE OPERATIONAL METHODOLOGY AND OF THE REGULATORY FRAMEWORK GUIDING THE APPRAISER IN MAKING ECONOMIC VALUE JUDGEMENTS CONCERNING MARKETABLE GOODS AND SERVICES.

BE ABLE TO APPLY KNOWLEDGE AND UNDERSTANDING:
TO BE ABLE TO CRITICALLY READ DOCUMENTS AND INFORMATION TO BE CONSIDERED IN THE EVALUATION, TO KNOW THE SOURCES OF DATA, TO BE ABLE TO DRAW UP THE TECHNICAL-ECONOMIC REPORT (APPRAISAL OR OTHER) TRACING THE LOGICAL PHASES OF THE VALUATION JUDGEMENT.

MAKING JUDGEMENTS:
ABILITY TO IDENTIFY THE ECONOMIC ASPECT ACCORDING TO THE PURPOSE OF THE ESTIMATE, TO ANALYSE AND PROCESS MARKET DATA, TO CHOOSE THE ESTIMATIVE PROCEDURE TO BE USED.

COMMUNICATION SKILLS:
TO BE ABLE TO WORK IN A TEAM, CLEARLY REPRESENTING THE ROLE OF THE DISCIPLINE AND THE RESULTS OF ONE'S WORK.

ABILITY TO LEARN:
TO BE ABLE TO APPLY THE ECONOMIC-ESTIMATIVE PARADIGMS TO THE DIFFERENT DISCIPLINARY FIELDS, UPDATING ONE'S OWN PREPARATION ACCORDING TO NEW TOOLS FOR DATA ANALYSIS AND IN RELATION TO THE EVOLUTION OF THE REGULATORY FRAMEWORK.

	Prerequisites
	TO REACH THE SET GOALS ARE REQUIRED KNOWLEDGE ABOUT BASIC MATHEMATICS AND GENERAL ECONOMY. THERE ARE NO PREPARATORY EXAMS.

	Contents
	INTRODUCTION (2H) DUTIES AND CONTENT OF THE APPRAISAL. RELATIONS BETWEEN THE APPRAISAL AND THE PROFESSION OF ENGINEER. ORGANIZATION OF THE COURSE. TEACHING MATERIALS AND EXERCISES. PRINCIPLES OF ECONOMY (4H + 2H APPLICATIONS) UTILITY. ECONOMIC COMMODITY. ECONOMIC LAWS. COMPANY AND BUSINESS. CAPITAL AND FINANCIAL STATEMENTS. FORMS OF MARKET. INFLATION. FINANCIAL MATHEMATICS (2H + 2H APPLICATIONS) INTEREST CALCULATION. THE UPRIGHT. DISCOUNT AND DEFERRAL. ANNUALITY AND FREQUENCY. DEPRECIATION AND REINSTATEMENTS. THE JUDGMENT OF ESTIMATE (12H + 3H APPLICATIONS) STEPS OF THE JUDGMENT OF ESTIMATE. THE PRACTICAL REASON. THE ECONOMIC ASPECTS. IDENTIFICATION OF THE ECONOMIC ASPECT THAT SATISFIES THE PRACTICAL REASON. THE METHOD OF APPRAISAL. THE CHOISE OF PROCEDURE. THE CHOICE OF THE PROCEEDINGS. THE ORDINARINESS IN THE JUDGMENT OF ESTIMATE. DATA COLLECTION. CAPITAL VALUE. ADDITIONS AND DEDUCTIONS. ESTIMATE OF BUILDINGS (12H +3H APPLICATIONS) ESTIMATIVE METRIC COMPUTATION. THE REAL ESTATE MARKET. ESTIMATE OF BUILDINGS. ESTIMATE OF THE BUILDING AREAS. THE THOUSANDTHS CONDOMINIUM. LIMITATIONS TO THE PROPERTY RIGHT AND DAMAGES (8H + 2H APPLICATIONS) ESTIMATED COMPENSATION FOR EXPROPRIATION. INDEMNITY FOR EASEMENT OF POWER LINE, GAS PIPELINE, COMPULSORY DISCHARGE. ESTIMATES IN TERMS OF USUFRUCT. ESTIMATE OF DAMAGES. INDUSTRIAL AND COMMERCIAL APPRAISAL (2H + 2H APPLICATIONS) ESTIMATE OF PLANTS. THE ESTIMATE OF COMPANY. ESTIMATE OF THE START-UP VALUE. LAND REGISTER (4H + 1H APPLICATIONS) CIVIL AND FISCAL FUNCTIONS OF THE LAND REGISTER. LAND REGISTER OF SOILS. LAND REGISTER OF BUILDINGS.

Contents

INTRODUCTION (2H)
DUTIES AND CONTENT OF THE APPRAISAL. RELATIONS BETWEEN THE APPRAISAL AND THE PROFESSION OF ENGINEER. ORGANIZATION OF THE COURSE. TEACHING MATERIALS AND EXERCISES.

PRINCIPLES OF ECONOMY (4H + 2H APPLICATIONS)
UTILITY. ECONOMIC COMMODITY. ECONOMIC LAWS. COMPANY AND BUSINESS. CAPITAL AND FINANCIAL STATEMENTS. FORMS OF MARKET. INFLATION.

FINANCIAL MATHEMATICS (2H + 2H APPLICATIONS)
INTEREST CALCULATION. THE UPRIGHT. DISCOUNT AND DEFERRAL. ANNUALITY AND FREQUENCY. DEPRECIATION AND REINSTATEMENTS.

THE JUDGMENT OF ESTIMATE (12H + 3H APPLICATIONS)
STEPS OF THE JUDGMENT OF ESTIMATE. THE PRACTICAL REASON. THE ECONOMIC ASPECTS. IDENTIFICATION OF THE ECONOMIC ASPECT THAT SATISFIES THE PRACTICAL REASON. THE METHOD OF APPRAISAL. THE CHOISE OF PROCEDURE. THE CHOICE OF THE PROCEEDINGS. THE ORDINARINESS IN THE JUDGMENT OF ESTIMATE. DATA COLLECTION. CAPITAL VALUE. ADDITIONS AND DEDUCTIONS.

ESTIMATE OF BUILDINGS (12H +3H APPLICATIONS)
ESTIMATIVE METRIC COMPUTATION. THE REAL ESTATE MARKET. ESTIMATE OF BUILDINGS. ESTIMATE OF THE BUILDING AREAS. THE THOUSANDTHS CONDOMINIUM.

LIMITATIONS TO THE PROPERTY RIGHT AND DAMAGES (8H + 2H APPLICATIONS)
ESTIMATED COMPENSATION FOR EXPROPRIATION. INDEMNITY FOR EASEMENT OF POWER LINE, GAS PIPELINE, COMPULSORY DISCHARGE. ESTIMATES IN TERMS OF USUFRUCT. ESTIMATE OF DAMAGES.

INDUSTRIAL AND COMMERCIAL APPRAISAL (2H + 2H APPLICATIONS)
ESTIMATE OF PLANTS. THE ESTIMATE OF COMPANY. ESTIMATE OF THE START-UP VALUE.

LAND REGISTER (4H + 1H APPLICATIONS)
CIVIL AND FISCAL FUNCTIONS OF THE LAND REGISTER. LAND REGISTER OF SOILS. LAND REGISTER OF BUILDINGS.

	Teaching Methods
	THE COURSE INCLUDES LECTURES AND PRACTICE, DURING WHICH ARE ILLUSTRATED PRACTICAL EXAMPLES OF THE THEORETICAL PRINCIPLES. THE STUDENTS, DIVIDED IN WORK GROUPS, DEVELOP AN OPERATIVE CASE OF ESTIMATE. DETAILS ABOUT HOURS LESSONS AND APPLICATIONS ARE ILLUSTRATED IN THE PREVIOUS SECTION. FOR LESSONS: 4,6 CFU; FOR APPLICATIONS: 1,4 CFU. FOR THIS COURSE THE ATTENDANCE IS COMPULSORY FOR THE 70 PER CENT OF THE LESSONS.

Teaching Methods

THE COURSE INCLUDES LECTURES AND PRACTICE, DURING WHICH ARE ILLUSTRATED PRACTICAL EXAMPLES OF THE THEORETICAL PRINCIPLES. THE STUDENTS, DIVIDED IN WORK GROUPS, DEVELOP AN OPERATIVE CASE OF ESTIMATE. DETAILS ABOUT HOURS LESSONS AND APPLICATIONS ARE ILLUSTRATED IN THE PREVIOUS SECTION. FOR LESSONS: 4,6 CFU; FOR APPLICATIONS: 1,4 CFU. FOR THIS COURSE THE ATTENDANCE IS COMPULSORY FOR THE 70 PER CENT OF THE LESSONS.

	Verification of learning
	THE EVALUATION OF LEARNING OUTCOMES, CONDUCTED WITHIN THE FINAL EXAM, IS PERFORMED IN REFERENCE TO THE FOLLOWING EQUAL CRITERIA: A. PROPERTIES OF LANGUAGE OF THE CANDIDATE WITHIN THE TECHNICAL LANGUAGE OF THE DISCIPLINE; B. KNOWLEDGE OF THE POSTULATES AND OF THE BASIC LOGIC; C. KNOWLEDGE AND ABILITY TO SOLVING OF THE MAIN APPLICATIVE ISSUES ILLUSTRATED DURING THE LESSONS; D. ABILITY TO SUMMARY OF BASIC CONCEPTS TO SOLUTION OF THE NEW APPLICATIVE ISSUES; E. LEVEL OF DETAILS OF PROJECT PAPERS DEVELOPED DURING THE LESSONS. THE FINAL EXAMINATION IS AN INDIVIDUAL ORAL TEST AND THE RESULT OF THIS EXAM IS ASSESSED IN THIRTIETH. THE DURATION OF THE TEST IS PROPORTIONAL TO THE VERIFICATION OF THE LEARNING OF THE CONTENTS OF THE PROGRAM. ON AVERAGE, THE DURATION IS ABOUT 30 MINUTES. THE MINIMUM VOTE FOR PASSING THE EXAMINATION (18/30) IS AWARDED WHEN THE STUDENT DEMONSTRATES A LIMITED KNOWLEDGE OF THE THEORETICAL NOTIONS AND A BARELY SATISFACTORY ABILITY TO SOLVE APPLICATION PROBLEMS. THE MAXIMUM VOTE (30/30) IS AWARDED WHEN THE STUDENT DEMONSTRATES A COMPLETE AND IN-DEPTH KNOWLEDGE OF ALL THE TOPICS COVERED DURING THE COURSE, EXPLAINING THEM WITH PROPRIETY OF LANGUAGE. IN ORDER TO OBTAIN 30/30 CUM LAUDE, IT IS CONSIDERED: - THE QUALITY OF EXPOSURE, IN TERMS OF USE OF APPROPRIATE SCIENTIFIC LANGUAGE; - THE ABILITY OF TRANSVERSAL CORRELATION BETWEEN THE DIFFERENT ARGUMENTS OF THE COURSE AND, WHERE POSSIBLE, WITH OTHER DISCIPLINES; - THE PROVED AUTONOMY OF MAKING JUDGMENT.

Verification of learning

THE EVALUATION OF LEARNING OUTCOMES, CONDUCTED WITHIN THE FINAL EXAM, IS PERFORMED IN REFERENCE TO THE FOLLOWING EQUAL CRITERIA:
A. PROPERTIES OF LANGUAGE OF THE CANDIDATE WITHIN THE TECHNICAL LANGUAGE OF THE DISCIPLINE;
B. KNOWLEDGE OF THE POSTULATES AND OF THE BASIC LOGIC;
C. KNOWLEDGE AND ABILITY TO SOLVING OF THE MAIN APPLICATIVE ISSUES ILLUSTRATED DURING THE LESSONS;
D. ABILITY TO SUMMARY OF BASIC CONCEPTS TO SOLUTION OF THE NEW APPLICATIVE ISSUES;
E. LEVEL OF DETAILS OF PROJECT PAPERS DEVELOPED DURING THE LESSONS.
THE FINAL EXAMINATION IS AN INDIVIDUAL ORAL TEST AND THE RESULT OF THIS EXAM IS ASSESSED IN THIRTIETH.
THE DURATION OF THE TEST IS PROPORTIONAL TO THE VERIFICATION OF THE LEARNING OF THE CONTENTS OF THE PROGRAM. ON AVERAGE, THE DURATION IS ABOUT 30 MINUTES.
THE MINIMUM VOTE FOR PASSING THE EXAMINATION (18/30) IS AWARDED WHEN THE STUDENT DEMONSTRATES A LIMITED KNOWLEDGE OF THE THEORETICAL NOTIONS AND A BARELY SATISFACTORY ABILITY TO SOLVE APPLICATION PROBLEMS.
THE MAXIMUM VOTE (30/30) IS AWARDED WHEN THE STUDENT DEMONSTRATES A COMPLETE AND IN-DEPTH KNOWLEDGE OF ALL THE TOPICS COVERED DURING THE COURSE, EXPLAINING THEM WITH PROPRIETY OF LANGUAGE.
IN ORDER TO OBTAIN 30/30 CUM LAUDE, IT IS CONSIDERED:
- THE QUALITY OF EXPOSURE, IN TERMS OF USE OF APPROPRIATE SCIENTIFIC LANGUAGE;
- THE ABILITY OF TRANSVERSAL CORRELATION BETWEEN THE DIFFERENT ARGUMENTS OF THE COURSE AND, WHERE POSSIBLE, WITH OTHER DISCIPLINES;
- THE PROVED AUTONOMY OF MAKING JUDGMENT.

	Texts
	MANGANELLI B., NESTICÒ A., GUADALUPI A., NOZIONI DI ECONOMIA - PER I CORSI DI ESTIMO E DI VALUTAZIONE ECONOMICA DEI PROGETTI, CUES, SALERNO 2002. MEDICI G., PRINCIPI DI ESTIMO, CALDERINI, BOLOGNA 1972. FORTE C., ELEMENTI DI ESTIMO URBANO, ETASLIBRI, MILANO 1973. DE MARE G., MORANO P., LA STIMA DEL COSTO DELLE OPERE PUBBLICHE, UTETLIBRERIA, TORINO 2002. MANGANELLI B., PACIFICO A., STRUTTURA E NORMATIVA DEI CATASTI TERRENI E FABBRICATI, CUES, SALERNO 2004. DEL GIUDICE V., ESTIMO E VALUTAZIONE ECONOMICA DEI PROGETTI, LOFFREDO EDITORE, CASORIA (NA) 2010.

Texts

MANGANELLI B., NESTICÒ A., GUADALUPI A., NOZIONI DI ECONOMIA - PER I CORSI DI ESTIMO E DI VALUTAZIONE ECONOMICA DEI PROGETTI, CUES, SALERNO 2002.
MEDICI G., PRINCIPI DI ESTIMO, CALDERINI, BOLOGNA 1972.
FORTE C., ELEMENTI DI ESTIMO URBANO, ETASLIBRI, MILANO 1973.
DE MARE G., MORANO P., LA STIMA DEL COSTO DELLE OPERE PUBBLICHE, UTETLIBRERIA, TORINO 2002.
MANGANELLI B., PACIFICO A., STRUTTURA E NORMATIVA DEI CATASTI TERRENI E FABBRICATI, CUES, SALERNO 2004.
DEL GIUDICE V., ESTIMO E VALUTAZIONE ECONOMICA DEI PROGETTI, LOFFREDO EDITORE, CASORIA (NA) 2010.

	More Information
	THE COURSE IS TAUGHT AT THE FACULTY OF ENGINEERING. TO KNOW TIMETABLES AND CLASSROOMS, PLEASE CONSULT THE FACULTY WEBSITE HTTP://WWW.UNISA.IT/FACOLTA/INGEGNERIA/INDEX THE LANGUAGE OF THE LECTURES IS ITALIAN.

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Antonio NESTICO' | APPRAISAL AND ECONOMICS