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Advanced Macroeconomics Course

Advanced Macroeconomics Course
flexible workload from 4 to 360h
valid certificate in your country

What will I learn?

This course offers a practical guide to mastering discrete-time RBC models in macroeconomics. Learners will construct models from preferences, technology, and markets, derive equilibria and optimality, solve steady states, log-linearise for simulations, analyse impulse responses, calibrate using data, and evaluate applications for policy decisions.

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 with tools like Python 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.
Workload: between 4 and 360 hours

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