Edexcel IGCSE Economics 1.1.6.a external costs
Practise external-cost questions by defining negative third-party effects and assessing contexts such as brick production or venue markets.
- Syllabus
- First assessment 2019
- Course
- Economics 4EC1
Exam points
- Define external cost as a negative effect on a third party outside the market.
- Assess whether brick production creates costs borne by local residents or society.
