Advanced Macroeconomics Course
This course equips you with essential advanced macro tools like RBC models, equilibrium derivations, calibration techniques, and policy evaluation. Master steady states, impulse responses to technology shocks, and their role in understanding economic cycles, growth patterns, and practical decision-making in real economies.

from 4 to 360h flexible workload
certificate valid in your country
What will I learn?
Gain practical expertise in discrete-time RBC models by constructing frameworks from preferences, technology, and markets, deriving equilibria, solving steady states, log-linearising, analysing impulse responses, calibrating with data, and evaluating policy applications.
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 shocks with Python or similar tools.
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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