Online Summer School on Foundations of DSGE Macro-Modelling

The Centre for International Macroeconomic Studies (CIMS) in the School of Economics, University of Surrey will a hold an online summer course, 8 September - 12 September 2025.

The five days will consist of foundations course aimed at early researchers with some knowledge of Real Business Cycle (RBC) or Dynamic Stochastic General Equilibrium (DSGE) macroeconomic models, but little or no experience of Dynare. This course assumes a basic knowledge of Matlab and will begin with the basics of Dynare and proceed to the construction, in stages, of a closed economy New Keynesian (NK) DSGE model. It will then progress to the estimation of the model by Bayesian methods and finish by showing how the model can be used to study optimal monetary policy and open NK DSGE model. Given the very successful experience of the previous years we have decided to keep the online format for the summer school. This enables many participants to attend from all over the world without the need to travel. 

The course will be conducted using Team meeting platform. The University and the lecturers have extensive experience with online teaching and have state-of-the-art systems to do so as well as being able to deliver highly interactive lectures. Though we will do our best to record all the sessions, we are expecting participants to attend them live to enable them to interact with lectures and ask questions. Participants will be sent computer codes, lecture notes, and slides ahead of time. Participants will also receive direct assistance before the Summer school starts in order to set up all the systems ahead of the online events.