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CAMBRIDGE JUNIOR COLLEGE Annual Notice to Students June 2020 The following information is available to students. The institutions' website is www.cambridge.edu. If you would like a paper copy of the
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What is social and economic cost?
Social and economic cost refers to the impact of a particular action or decision on society and the economy.
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Various stakeholders such as government agencies, businesses, and organizations may be required to file social and economic cost reports.
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Social and economic cost reports can be filled out by collecting data on the social and economic impacts of a project or decision and inputting it into the designated report form.
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The purpose of social and economic cost reports is to provide transparency and accountability regarding the impacts of a particular action or decision.
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Information such as costs incurred, benefits gained, and overall impact on society and the economy must be reported on social and economic cost reports.
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