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What is public expenditure?

What is public expenditure?

Flow diagram showing government spending split into capital expenditure, current expenditure, and transfer payments, with examples and GDP treatment labelled

Public expenditure is government spending on goods, services and transfers. It has three main components: capital expenditure, current expenditure and transfer payments.

4.5.1 Public expenditure Lesson

  1. A Level
  2. /Economics
  3. /4.5.1 Public expenditure

Step-by-step lessons on Edexcel A A Level Economics 4.5.1 Public expenditure. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons