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Risorse bibliografiche
Risorsa bibliografica obbligatoria
Risorsa bibliografica facoltativa
Scheda Riassuntiva
Anno Accademico 2018/2019
Scuola Scuola di Architettura Urbanistica Ingegneria delle Costruzioni
Insegnamento 053117 - ECONOMIC ASSESSMENT OF URBAN TRASFORMATIONS
Docente Caragliu Andrea Antonio
Cfu 9.00 Tipo insegnamento Monodisciplinare
Didattica innovativa L'insegnamento prevede  1.0  CFU erogati con Didattica Innovativa come segue:
  • Soft Skills

Corso di Studi Codice Piano di Studio preventivamente approvato Da (compreso) A (escluso) Nome Sezione Insegnamento
Arc - Urb - Cost (Mag.)(ord. 270) - MI (1096) MANAGEMENT OF BUILT ENVIRONMENT - GESTIONE DEL COSTRUITODMBAZZZZ053117 - ECONOMIC ASSESSMENT OF URBAN TRASFORMATIONS
ME3AZZZZ053117 - ECONOMIC ASSESSMENT OF URBAN TRASFORMATIONS
MT3AZZZZ053117 - ECONOMIC ASSESSMENT OF URBAN TRASFORMATIONS

Obiettivi dell'insegnamento

The course provides an overarching perspective on the main methodologies for the economic assessment of large urban transformations. It thus aims at offering students a broad range of methods that can be applied to tbe analysis of strcutural changes in the built environment in order to pinpoint the economic effects of such changes.


Risultati di apprendimento attesi

Students will learn how to assess the economic impact of large urban transformations on the basis of the standard toolbox of applied economics. They in particular will learn how to:

 

1. Identify the type of problem at hand, and, in particular, whether a large transformation has a private or public goal;

2. Choose the right methodology to tackle each problem with the suitable choice of empirical instruments;

3. Read and synthesize sciebtific literature dealing with these topics;

4. Carry out a real world application of one methodology chosen, with a final discussion of the application's results in front of their peers.


Argomenti trattati

 

The course presents the main methodologies for the economic appraisal of urban transformations, from both a planner’s perspective (collective benefits of large urban transformation projects) as well as from the private investor’s (financial returns stemming from large real estate projects).

 

In the first part of the course the economic theory needed to frame appraisal issues will be presented. This part will tackle urban land rent theory, as well as the most relevant concepts of the theory of public economics, with specific reference to Welfare Economics theorems.

 

The second part of the course, instead, will deal with the most widely adopted methodologies for appraising urban transformations, including Cost-Benefit Analysis, Multicriteria Analysis, the HJedonic Price Method, methodologies for the appraisal of non-market goods, and Territorial Impact Assessment. Theoretical lectures for this part of the course will also be complemented with empirical seminars.

 

Finally, in the third part of the course students will participate in two group applied take-homes, meant to highlight their capability to implement on real urban transformations the methodologies learnt during the course.

 

The main objective of the course is to expose students to the different methodologies currently applied in the literature on urban transformations appraisal, with a specifically applied focus.

 

Given the advanced nature of the course, therefore, the final aim of the course requires adopting an applied orientation, without however giving up the necessary theoretical accuracy.

 


Prerequisiti

The course has no specific prerequisite. However, learning processes will be smoother for students who had some prior exposure to Calculus and Statistics. No prior knowledge of Economics is instead requested.


Modalità di valutazione

The course's final evaluation takes place on the basis a written exam, which grants a maximum of 20 points. During the course intermediate written exams will be available for students regularly attending the course lectures.

The remaining 10 points will be granted on the basis of two applied take-homes. The first take-home, based on a critical discussion of a scientific article covering one of the topics discussed in the course, will grant a maximum of 4 points; the second take-home, based on an applied exercise of appraisal of a real-world urban transformation, will be granted a maximum of 6 points.

Given the applied nature of the course, take-homes are compulsory.


Bibliografia
Risorsa bibliografica obbligatoria https://beep.metid.polimi.it/web/2015-16-economic-assessment-of-urban-trasformations-andrea-antonio-caragliu-/attivita-online-e-avvisi#p_29
Note:

Handouts, slides and scientific articles selected for the course and uploaded on beep as the course unfolds.

Risorsa bibliografica facoltativaHarry Campbell, Richard Brown, Benefit-Cost Analysis: Financial and Economic Appraisal using Spreadsheets, Editore: Cambridge University Press, Anno edizione: 2003, ISBN: 9780521528986 http://www.cambridge.org/it/academic/subjects/economics/economics-general-interest/benefit-cost-analysis-financial-and-economic-appraisal-using-spreadsheets
Note:

Useful resource for the sections dealing with financial and economic appraisal of urban transformations.


Forme didattiche
Tipo Forma Didattica Ore di attività svolte in aula
(hh:mm)
Ore di studio autonome
(hh:mm)
Lezione
67:00
100:30
Esercitazione
23:00
34:30
Laboratorio Informatico
0:00
0:00
Laboratorio Sperimentale
0:00
0:00
Laboratorio Di Progetto
0:00
0:00
Totale 90:00 135:00

Informazioni in lingua inglese a supporto dell'internazionalizzazione
Insegnamento erogato in lingua Inglese
Disponibilità di materiale didattico/slides in lingua inglese
Disponibilità di libri di testo/bibliografia in lingua inglese
Possibilità di sostenere l'esame in lingua inglese
Disponibilità di supporto didattico in lingua inglese

Note Docente
schedaincarico v. 1.6.2 / 1.6.2
Area Servizi ICT
04/06/2020