Introductory notes on the estimative discipline
Definition of Estimate; Historical profile of the appraisal discipline.
Main economic issues of estimative interest
Notes on the history of economic thought; Need, good, utility; Resource allocation; Introduction to the functioning of the price system: circular flow model, supply and demand model, equilibrium; Production; Exchange; Value categories; Market forms.
Mathematical tools for estimating
Financial calculation: Simple interest; Annual discontinuous compound interest; Anticipation and delay coefficients; Annuity; Multiannuality; Sum coefficients; Elements of statistics applied to valuation.
Estimates
Origin and facts of estimates; Evaluation contexts; Types of values in conflicting estimates; Types of values in non-conflicting estimates; Values in public goods estimates.
Estimative theory
Jevons' law of indifference; Comparison; Adaptations related to the influence of space and time; Empirical formulation of the law of indifference.
Procedures for evaluating private assets
Direct procedures in the appraisal context (Market value using the single-parametric model; Market value using the multi-parametric multiple regression model; Sales comparison approach; Cost value).
Indirect procedures in the appraisal context (Market value through the profitability hypothesis; Market value through the transformation hypothesis; Market value through the subrogability hypothesis; Market value through the complementarity hypothesis; Cost value through the hypothesis of stratification by homogeneous items; Cost value through the hypothesis of the estimated metric calculation; Cost value through the opportunity cost hypothesis; Reproduction cost. Total cost of building production.
Procedures in the economic context.
