Question

1.Who is the father of economics?
2.Who has given the wealth-based definition of economics?
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Answer 1

Explanation:

1.Paul Samuelson

Paul Samuelson, Faculty

Called the father of modern economics, Samuelson became the first American to win the Nobel Prize in Economics (1970) for his work to transform the fundamental nature of the discipline.

2.According to the Library of Economics and Liberty, Adam Smith defined economics as a science of wealth in "The Wealth of Nations."

Answer 2

Answer:

Paul Samuelson

Paul Samuelson, Faculty

Called the father of economics, Samuelson became the first American to win the Nobel Prize in Economics (1970) for his work to transform the fundamental nature of the discipline.

Andy Spackman. Dec 04, 2018 1930. According to the Library of Economics and Liberty, Adam Smith defined economics as a science of wealth in "The Wealth of Nations."