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This extremely versatile activity can be used for any level of course and in large and small classes. It could also be adapted for online use. Faculty can change the prompts/assignments based on their own course content. Used as described, the Pro-Con-Caveat grid is nested in the context of the deep learning model discussed elsewhere. Students complete readings relevant to the decision and then apply the economic theory to a concrete problem or issue (Thus, they get into the knowledge base through a specific motivating challenge). In class, the students who create a composite Pro-Con-Caveat grid are engaged in the active learning, student-student interactions that allow for in-depth processing of individual work. The students come to class prepared.

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