Università Roma Tre

The course covers the fundamentals for understanding and forecasting values, quantities and economic dynamics and their interaction with the project, which are useful in the context of an architect's training. These cover: the main notions of microeconomics, the fundamentals of appraisl theory and the methodological procedures for making value judgements. Criteria, procedures and estimative techniques are adapted to the different degrees of the problem posed or to the different levels of the project, solving at each scale the specific problems posed by the processes of land transformation. Finally, hints and preliminary elements of techniques and methodology for the evaluation of projects, plans and programmes are provided.
Specifically, the module is divided into:
- Elements of microeconomics: theories of value, economic goods, demand theory, supply theory, market forms, market price formation, general economic equilibrium, elements of cognitive economics.
- Fundamentals of appraisal: estimation theory, fundamentals of estimation methodology, estimation procedures for assets, elements of statistics, elements of financial mathematics, traditional value estimation procedures: market value (direct, indirect, intermediate and main international procedures), cost value (direct, indirect and intermediate procedures), derived values.

Elements of economic:
- Sloman J., "Elementi di economia", Il Mulino, Bologna, 2007.
Appraisal:
- C. Forte, B. De' Rossi, "Principi di economia ed estimo", Etas Libri, Milano 1979.
- Roscelli, R. (a cura di), Manuale di estimo, UTET, Torino, 2014.
- M. Polelli, “Nuovo trattato di estimo”, Maggior, Rimini, 2008.
Appraisal International procedure:
- Appraisal Institute, “The Appraisal of Real Estate”, 15th ed., Appraisal Institute, Chicago, 2020.
Handouts and documentation provided within the Course.