Advanced Macroeconomics Course
Dive into advanced macroeconomics with this course on RBC models. Build and solve discrete-time models, derive key equations like Euler conditions, compute steady states and impulse responses to shocks, calibrate parameters from real data, and apply insights to business cycles, growth analysis, and economic policy formulation in practical settings.

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-linearise for simulations, analyse impulse responses, calibrate using data, and evaluate model applicability for policy decisions.
Elevify advantages
Develop skills
- Build discrete-time RBC models covering firms, households, and market equilibrium.
- 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 with tools like Python or Dynare.
Suggested summary
Before starting, you can change the chapters and the 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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