diff --git a/README.md b/README.md
index 0842c9f1496a30865c1f11428411eaf47c736667..9de5636128f50c289350d64977ce23371f41c48a 100644
--- a/README.md
+++ b/README.md
@@ -4,10 +4,10 @@ Dynare GUI
 Main functionalities:
 ---------------------
 
-- New, open, save, close Dynare_GUI project files (.dproj)
+- New, open, save, close Dynare GUI project files (.dproj)
 - Load .mod file: an interface to load a mod file
 - Model settings: an interface for defining various model and GUI options
-- Dynare_GUI log file
+- Dynare GUI log file
 - Export to .mod file
 - Save/load model snapshots
 - Define observed variables and datafile
@@ -17,18 +17,20 @@ Main functionalities:
 - Stochastic simulation
 - Deterministic simulation
 - Shock decomposition
-- Conditional forecast.
+- Conditional forecast
 
 How to run it:
 --------------
 
-- Temporarily add the dynare/matlab folder to the matlab's path.
+- Open Matlab
+
+- Add the Dynare `matlab` folder to the Matlab path:
 
 ```matlab
    >> addpath c:\dynare\4.x.y\matlab
 ```
 
-- Temporarily add the folder containing the function Dynare_GUI to the Matlab's path
+- Add the folder containing the Dynare GUI source code to the Matlab path:
 
 ```matlab
    >> addpath c:\dynare\dynare-gui\src
@@ -38,4 +40,4 @@ How to run it:
 
 ```matlab
   >> dynare_gui
-```
\ No newline at end of file
+```