Advanced Macroeconomics Course
Dive into advanced macroeconomics with hands-on RBC model building, equilibrium derivation, steady-state solutions, log-linearisation, calibration from data, and impulse response analysis. Gain skills to interpret technology shocks, business cycles, growth patterns, and inform real-world economic policy decisions effectively.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course provides a focused, practical guide to mastering discrete-time RBC models. Build from preferences, technology, and markets; derive equilibria and optimality; solve steady states; log-linearise; analyse impulse responses; calibrate using data; and evaluate for policy insights.
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-linearisation for efficient simulations.
- Calibrate model parameters using empirical data and research literature.
- Simulate and interpret impulse response functions to technology shocks in 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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