Advanced Macroeconomics Course
Dive into advanced macroeconomics with hands-on training in RBC models. Build and solve models from core components, derive key equations, compute steady states and impulse responses, calibrate parameters realistically, and apply insights to analyse economic cycles, growth patterns, and policy impacts in real-world scenarios. Gain proficiency in tools like Python, Matlab, or Dynare for dynamic simulations.

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 in macroeconomics. Learners construct models from preferences, technology, and markets, derive equilibria and optimality, solve steady states, log-linearize systems, analyse impulse responses, calibrate using data, and evaluate model applicability for policy decisions.
Elevify advantages
Develop skills
- Build discrete-time RBC models by defining firms, households, and market equilibria.
- 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.
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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