Using the basic principles of Economics taught in ECN 201, this course examines how individuals, households, and firms make decisions. This course uses an experiential learning model that emphasizes problem solving, class discovery and reflection, application, and focused reflection. Examples of the questions we will explore in this course include how consumers make decisions, how prices affect purchasing decisions, and how a company thinks about costs. Prerequisite: ECN 201 or permission of the instructor. Prerequisite: ECN 201. Note: Previously ECON202.