CAIE A-Level Economics 7.4.2 Social benefits

CAIE A-Level Economics 7.4.2 Social benefits
Cambridge International AS & A Level Economics 9708 syllabus for exams in 2026, 2027 and 20282026–2028

Practise separating private, external and social benefits when judging projects, public decisions and wider gains to society.

How this is tested

  • calculate social benefit as private benefit plus external benefit in project data
  • compare social benefits with social costs to decide whether a development should proceed

Question 2

[Maximum number: 1]

What is equivalent to social benefits?

A

the amount that the government spends on social security benefits

B

the benefit gained by society from total government spending

C

the benefit to third parties from household consumption of a good

D

the private and external benefits from household consumption of a good