As Zhen Lin noted in his comment, subobject classifiers have nothing to do with the matter at hand.
Having said that: being a subobjet is not logically equivalent to being a subset. Not even in the category of sets and functions.
More exactly, in **Set** , $A \subseteq B$ implies that $A$ is a subobject of $B$ (the mono in question being the injection), but not vice-versa. Example: set {a,b,c} is a subobject of set {1,2,3,4}, but not a subset.
If you want to use categorical language and still use the concept of subset of a set $S$, you can use the category $\mathcal{P}(S)$ (powerset of $S$) whose objects are subsets of $S$ and morphisms are injections between the subsets (where present, of course). This category is a poset (at most one morphism between objects), it has initial and terminal objects (empty set and $S$) and it has categorical products and coproducts (intersection and union of subsets).