Give Adam Smith's definitions of economics
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In this method of integration by substitution, any given integral is transformed into a simple form of integral by substituting the independent variable by others. Take for example an equation having an independent variable in x, i.e. ∫sin (x3).
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Economics comes from the ancient Greek word “oikonomikos” or “oikonomia.” Oikonomikos literally translates to “the task of managing a household.” French mercantilists used “economie politique” or political economy as a term for matters related to public administration.✌️✌️✌️✌️✌️
Economics
Adam Smith’s Definition of Economics✌️✌️❣️❣️
Adam Smith was a Scottish philosopher, widely considered as the first modern economist. Smith defined economics as “an inquiry into the nature and causes of the wealth of nations.”✌️✌️✌️✌️✌️✌️✌️
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