Advanced Macroeconomics Course
Gain expertise in advanced macro tools like RBC models, equilibrium derivations, calibration techniques, and policy evaluation. Understand technology shocks, impulse response functions, and steady states to analyse economic cycles, growth patterns, and practical policy choices in real economies.

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.What our students say
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