Advanced Macroeconomics Course
This course equips you with essential advanced macro tools like RBC models, equilibrium derivations, calibration techniques, and policy evaluation. Master steady states, impulse responses to shocks, and their role in understanding business cycles, growth patterns, and practical economic policy decisions in real-world scenarios.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain hands-on expertise in discrete-time RBC models by building from preferences, technology, and markets, deriving equilibria, solving steady states, log-linearizing, simulating impulse responses, calibrating with data, and evaluating policy applications.
Elevify advantages
Develop skills
- Build discrete-time RBC models with firms, households, and market equilibrium.
- Derive Euler equations linking consumption, labour supply, and pricing dynamics.
- Calculate steady states and apply log-linearization for efficient simulations.
- Calibrate model parameters using empirical data and research literature.
- Simulate and analyse impulse response functions to shocks with Python, Matlab, or Dynare.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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