Economics A-Level
Social Optimum
What Social Optimum means in Economics A-Level, as defined for Pearson Edexcel.
Definition of Social Optimum
The level of output where the marginal social benefit (MSB) equals the marginal social cost (MSC), maximizing social welfare.
Topics that use Social Optimum
- Government intervention (Pearson Edexcel A-Level)
Related terms
Using Social Optimum in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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