2015/2016

2018/2019

DM270

ICAR/22 (CADASTRAL SURVEYING)

DEPARTMENT OF CIVIL ENGINEERING AND ARCHITECTURE

PERCORSO COMUNE

4°

2nd semester (06/03/2019 - 14/06/2019)

9

80 lesson hours

English

WRITTEN AND ORAL TEST

DE LOTTO ROBERTO (titolare) - 5 ECTS
FERRI VITTORIO - 4 ECTS

No requirement

The main objective is to transmit the knowledge of the fundamental economic elements (micro and macroeconomy) and construction evaluation elements. The student will be able to analyze also the socio-economic and evaluation aspect in a building project.

Introduction
What is economy
History of economy
Market typology
Main economic terms
Institution

Micro and macro economy: important differences

Different economic systems
Free market
Command economy
Mixed economy

Microeconomy

Main elements
Demand and supply
Elasticity
Allocation of goods and services

Microeconomy theory
Marginal utility
Risk and uncertainty
Production, Costs, Revenues,
Maximizing profit
Perfect competition
Monopoly and oligopoly

Microeconomic policy
Inequality and poverty
Social performance and income distribution
Competition, privatization and regulation
Public intervention at Community level: agricultural policies

Macroeconomy

Main elements:
Macroeconomics: Events and Ideas
Gross domestic product: meaning and calculation
Price indices and the general price level
Unemployment and inflation

Macroeconomic theory
Long-term economic growth
Savings, income and investment spending
The currency, the banks and the central bank
The size of the nations

Macroeconomic policy:
Tax policy
Monetary policy
The Federal Reserve System and Action
The European Central Bank's system and action

Public economy

Fundamentals of Public Economy
Public sector activity
Market failures as a justification for public intervention
Public goods and market failures
The formation of public decisions: processes and rules of collective decision-making
Public sector growth, public spending, public expenditure justifications

Public Economy Theory
Debt and deficit. the justifications for the deficit and the public debt and their dysfunctions
The rules of the Stability and Growth Pact and budgetary policy in the euro area
The justifications of taxation: theory, taxation policy, tax effects
Theory of different levels of government

Policies of the public economy
Federalism and local finance
Public transport and infrastructures: congestion, tolls, taxation of purpose
City Government and Urban Policies

Construction evaluation:
What is estimation
The main estimation criteria
Different estimating procedures
The rural estimation
The civilian estimation
Real examples
The real estate registry
Insurance value
Damage

Economic assessment of an urban development plan:
- Example of a development area in Segrate (Milan);
- Calculation of costs;
- Calculation of revenues;
- Feasibility assessment.

Evaluation methods:
- qualitative and quantitative criteria;
- subjective and objective criteria;
- indicators;
- Pairwise Comparison;
- Shcimpeler and Grecco Matrix;
- Schlager Matrix;
- Multicriteria Matrix;
- Analytical Hierarchical Process.

Frontal lessons and exercises

Slides and note
Principi di economia di Robert H. Frank (Autore),‎ Ben S. Bernake (Autore) (McGraw Hill)
Economia di BEGG DAVID; FISCHER STANLEY; DORNBUSCH RUDIGER (Autore) (McGraw-Hill)
Manuale di estimo
Vittorio Gallerani,Davide Viaggi,Giacomo Zanni
Editore: McGraw-Hill Education

Written and oral examination