Question

state the definition of economics given by Kautilya​

Answer 1

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Kautilya's Arthashastra on definition and scope of economics. ... Kautilya uses the word Artha (p. 100), as “wealth” and (p. 145) as “material well‐being”. There is no ambiguity regarding the word Shastra: it means science

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Answer 2

Answer:

According to kautilya 'ARTHA' (wealth) is the most important thing and 'dharma' and 'karma' are dependent on it. To him wealth included money,commodity,acquired wealth, public or private property, precious metals, labour and even forest produce.