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Economics, as an academic subjet and discipline, has become global mostly because its subjet matter: the economy, is also a global reality simply because every human society is economic.
Economics is studied around the world, and economic concepts, results, conclusions, and policy recommendations are promoted all over the world by international organizations like the United Nations, the International Monetary Fund, and the World Bank.
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Adam Smith is generally regarded as the founder of modern economics. Adam Smith advocated the capitalist free enterprise system, based on the belief that men are motivated by rational self-interest. His book "Wealth of Nations" became a standard text book for economists throughout the Western world