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Risorsa bibliografica obbligatoria
Risorsa bibliografica facoltativa
Scheda Riassuntiva
Anno Accademico 2018/2019
Scuola Scuola di Architettura Urbanistica Ingegneria delle Costruzioni
Insegnamento 053302 - ECONOMIC ASSESSMENT OF URBAN TRANSFORMATION
Docente Camagni Roberto
Cfu 4.00 Tipo insegnamento Monodisciplinare

Corso di Studi Codice Piano di Studio preventivamente approvato Da (compreso) A (escluso) Nome Sezione Insegnamento
Arc - Urb - Cost (Mag.)(ord. 270) - MI (1098) URBAN PLANNING AND POLICY DESIGN - PIANIFICAZIONE URBANA E POLITICHE TERRITORIALI***AZZZZ053302 - ECONOMIC ASSESSMENT OF URBAN TRANSFORMATION
Arc - Urb - Cost (Mag.)(ord. 270) - MI (1187) LANDSCAPE ARCHITECTURE. LAND LANDSCAPE HERITAGE***AZZZZ053302 - ECONOMIC ASSESSMENT OF URBAN TRANSFORMATION

Obiettivi dell'insegnamento

The course deals with the evaluation methodologies of urban transformations and policies. The point of view will be that of both the planner (collective benefits of large public projects of urban transformation) and the private developer (profitability of large real estate projects). It tries to give an answer to questions like: which is the logic governing the structure and evolution of land values in the city? Which techniques may help assessing the social value and the private profitability of big projects of urban transformation?

The main goal is to introduce the student to the different existing logics and approaches, applied to a variety of empirical case studies. The theme of the nature and evolution of land rent in theoretical terms will have a central role.


Risultati di apprendimento attesi

Expected results

In terms of knowledge and learning capacities

To understand conceptual economic theories and models, and be able to apply them to the assessment of a public urban project.

 

In terms of specific knowledge and learning capacity

To be able to take into account economic aspects in urban planning.

 

In terms of autonomous capacity to judge

Students are autonomously able to judge the economic effects of urban projects and transformations.

 

In terms of learning capacity

This course will provide the students with the tools for decision making that they will be able to apply to any problem of this kind they may face during their future career.


Argomenti trattati

The course is divided in three parts:

Part 1: theory

In this part, the formation of a land rent is considered, linking it to the main principles of urban economics:

- the city as a public and combined public/private good;

- agglomeration, accessibility and the theory of urban land rent: differential rent and absolute rent;

- public goods and urban externalities;

- welfare economics: individual and social preferences, assessment of public policies.

 

Part 2: assessment methodologies

In this part, different methodologies for the economic assessment of big transformation projects will be presented; first of all in terms of social costs and benefits (public assessment):

- Cost-benefit analysis;

- Multicriteria analysis;

- Hedonic prices, contingency evaluation, conjoint analysis;

- Strategic Impact Assessment and Territorial Impact Assessment.

Secondly, methodologies for the financial evaluation of real estate projects will be presented (private assessment): the “market” method, the cost method, the economic (internal rate of return) and the financial method (discounted cash flow).

Part 3: case studies

Three case studies will be presented in particular:

- The economic evaluation of a large urban project through the assessment of prospective change in real estate values;

- The reconvertion of an industrial derelict area,

- Territorial impact assessment of Trans European Networks programme.

 


Prerequisiti

There are not prerequisites for the attendance of this course. 


Modalità di valutazione

Written exam: 1) numerical problems and exercises; 2) questions on the theoretical topics covered in the course.

Oral exam (optional exam, on request of the student if the result of the written exam is positive and at least equal to 24/30): questions on theoretical topics covered in the course.


Bibliografia
Risorsa bibliografica obbligatoriaCamagni R, Territorial Impact Assessment for EU regions: a methodological proposal and an application to EU transport policie, in Evaluation and Program Planning, n.32, 342-350, Anno edizione: 2009
Risorsa bibliografica obbligatoriaCamagni R., Il finanziamento della città pubblica, Anno edizione: 2008
Note:

Chapter of the volume: Baioni M., Caudo G. (a cura di), La costruzione della città pubblica, Firenze, Alinea. English versions of the Italian titles will be indicated and distributed during the course.

Risorsa bibliografica obbligatoriaCamagni R. Capello R., An Ex-ante Evaluation of an Urban Project through Property Value Increases: a hedonic price approach, Anno edizione: 2004
Note:

Chapter of the volume: Reggiani A., Nijkamp P., Spatial Dynamics , Networks and Modeling, E. Elgar, Cheltenham.

Risorsa bibliografica obbligatoriaCamagni R., Principi di Economia Urbana e Territoriale, ch. 1-2-6, Editore: Carocci, Anno edizione: 2000
Note:

English versions of the Italian titles will be indicated and distributed during the course.

Risorsa bibliografica obbligatoriaRosen H. S., Public Finance, Editore: Mc-Graw-Hill/Irwin, Anno edizione: 2002
Risorsa bibliografica obbligatoria Class website
Note:

Lecture notes posted on the class website.


Forme didattiche
Tipo Forma Didattica Ore di attività svolte in aula
(hh:mm)
Ore di studio autonome
(hh:mm)
Lezione
21:00
31:30
Esercitazione
19:00
28:30
Laboratorio Informatico
0:00
0:00
Laboratorio Sperimentale
0:00
0:00
Laboratorio Di Progetto
0:00
0:00
Totale 40:00 60:00

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. 1.6.1 / 1.6.1
Area Servizi ICT
04/04/2020