Final answer:
The ACE methodology is a learning process consisting of Acquisition, Contextualization, and Exercise, where students gain knowledge, make reflective connections, and practice skills.
Step-by-step explanation:
The ACE methodology stands for Acquisition, Contextualization, and Exercise. The 'A' refers to Acquisition, the knowledge and theory one will acquire through learning. 'C' stands for Contextualization, which is the capacity to reflect upon oneself and make connections between the acquired knowledge and practical application. Finally, 'E' represents Exercise, the practice of skills through exercises, assessments, and peer reviews, allowing one to test and apply knowledge in real-world scenarios, facilitating the shaping of one's learning journey.