Welcome to Advanced Applied Macroeconomics, a course designed to deepen your understanding of macroeconomic theory and its practical applications. This course will guide you through macroeconomic principles' complexities, focusing on theoretical underpinnings and real-world impacts. Utilizing the textbooks by Carlin and Soskice, Mankiw, and Romer, we will explore the micro-foundations of demand and supply, the role of money and finance, the dynamics of open economy macroeconomics, and the formulation and impact of macroeconomic policy. Additionally, the course will cover contemporary macroeconomic models such as Real Business Cycles and the New Keynesian Model to understand their relevance in analysing economic fluctuations and policy responses.