Sure it does. It mean man kind and it is the name of the first man....at least that's what Strong's lexicon says. Adam is most certainly described as a man, a physical being....You know....Adam slept with his wife and she became pregnant.... Seth is the son of Adam....
I mean...if you'd like just substitute adam for the word (mankind) and see if it fits in the context of the sentence.....It won't.
.......Well aren't we still talking about original sin? Some one said he was a myth...I'm saying....he had to be real in order for him to have comitted an act of defiance.....Your bible describes "Adam" as a man. There are only a couple..maybe handful of places where "Adam" is used as (mankind)....