Advanced Macroeconomics Course
This course equips you with essential advanced macroeconomics skills, focusing on RBC models, equilibrium derivations, steady-state solutions, log-linearisation, calibration techniques, and impulse response analysis. You will learn to interpret technology shocks, business cycles, growth patterns, and inform real-world economic policies effectively.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Gain expertise in discrete-time RBC models by constructing frameworks from preferences, technology, and markets, deriving equilibria, solving steady states, log-linearising, analysing impulse responses, calibrating with data, and evaluating policy applications.
Elevify advantages
Develop skills
- Build discrete-time RBC models covering firms, households, and market equilibrium.
- Derive Euler equations linking consumption, labour supply, and price dynamics.
- Calculate steady states and perform log-linearisation for efficient simulations.
- Calibrate model parameters using empirical data and research literature.
- Simulate and interpret impulse response functions to technology shocks with tools like Python or Dynare.
Suggested summary
Before starting, you can change the chapters and the 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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