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.
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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.
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