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3 added 16 characters in body
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Today I got into argument with my colleague about the answer of below question.

She claims both are possible but choice 2 is the better one saying that "economics is a branch of science and if we are talking about its description, Present Simple is the answer".

It is such an easy question that I didn't put it on English Language & Usage stack. The question is below.

There have been economies since the dawn of civilization, but as a field of study, economics ... only recently.

1) has developed

2) develops

There have been economies since the dawn of civilization, but as a field of study, economics [...] only recently.

1) has developed

2) develops

Can someone explain why her logic is wrong? I tried but it was futile. Maybe if she can see others then she might learn something. (Answer sheet is also saying 1).

If somebody says "I am busy recently/lately" it feels like saying "I am busy two days ago". It just does not makes sense. Recently/lately means near past. I am busy these days is fine however.

Today I got into argument with my colleague about the answer of below question.

She claims both are possible but choice 2 is the better one saying that "economics is a branch of science and if we are talking about its description, Present Simple is the answer".

It is such an easy question that I didn't put it on English Language & Usage stack. The question is below.

There have been economies since the dawn of civilization, but as a field of study, economics ... only recently.

1) has developed

2) develops

Can someone explain why her logic is wrong? I tried but it was futile. Maybe if she can see others then she might learn something. (Answer sheet is also saying 1).

If somebody says "I am busy recently/lately" it feels like saying "I am busy two days ago". It just does not makes sense. Recently/lately means near past. I am busy these days is fine however.

Today I got into argument with my colleague about the answer of below question.

She claims both are possible but choice 2 is the better one saying that "economics is a branch of science and if we are talking about its description, Present Simple is the answer".

It is such an easy question that I didn't put it on English Language & Usage stack. The question is below.

There have been economies since the dawn of civilization, but as a field of study, economics [...] only recently.

1) has developed

2) develops

Can someone explain why her logic is wrong? I tried but it was futile. Maybe if she can see others then she might learn something. (Answer sheet is also saying 1).

If somebody says "I am busy recently/lately" it feels like saying "I am busy two days ago". It just does not makes sense. Recently/lately means near past. I am busy these days is fine however.

2 deleted 18 characters in body
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Today I got into argument with my colleague about the answer of below question.

She claims both are possible but choice 2 is the better one saying that "economics is a branch of science and if we are talking about its description, Present Simple is the answer".

It is such an easy question that I didn't put it on English Language & Usage stack. The question is below.

There ...have been economies since the dawn of civilization, but as a field of study, economics ... only recently.

1) have been / has developed

2) have been / develops

Can someone explain why her logic is wrong? I tried but it was futile. Maybe if she can see others then she might learn something. (Answer sheet is also saying 1).

If somebody says "I am busy recently/lately" it feels like saying "I am busy two days ago". It just does not makes sense. Recently/lately means near past. I am busy these days is fine however.

Today I got into argument with my colleague about the answer of below question.

She claims both are possible but choice 2 is the better one saying that "economics is a branch of science and if we are talking about its description, Present Simple is the answer".

It is such an easy question that I didn't put it on English Language & Usage stack. The question is below.

There ... economies since the dawn of civilization, but as a field of study, economics ... only recently.

1) have been / has developed

2) have been / develops

Can someone explain why her logic is wrong? I tried but it was futile. Maybe if she can see others then she might learn something. (Answer sheet is also saying 1).

If somebody says "I am busy recently/lately" it feels like saying "I am busy two days ago". It just does not makes sense. Recently/lately means near past. I am busy these days is fine however.

Today I got into argument with my colleague about the answer of below question.

She claims both are possible but choice 2 is the better one saying that "economics is a branch of science and if we are talking about its description, Present Simple is the answer".

It is such an easy question that I didn't put it on English Language & Usage stack. The question is below.

There have been economies since the dawn of civilization, but as a field of study, economics ... only recently.

1) has developed

2) develops

Can someone explain why her logic is wrong? I tried but it was futile. Maybe if she can see others then she might learn something. (Answer sheet is also saying 1).

If somebody says "I am busy recently/lately" it feels like saying "I am busy two days ago". It just does not makes sense. Recently/lately means near past. I am busy these days is fine however.

1
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present simple + recently

Today I got into argument with my colleague about the answer of below question.

She claims both are possible but choice 2 is the better one saying that "economics is a branch of science and if we are talking about its description, Present Simple is the answer".

It is such an easy question that I didn't put it on English Language & Usage stack. The question is below.

There ... economies since the dawn of civilization, but as a field of study, economics ... only recently.

1) have been / has developed

2) have been / develops

Can someone explain why her logic is wrong? I tried but it was futile. Maybe if she can see others then she might learn something. (Answer sheet is also saying 1).

If somebody says "I am busy recently/lately" it feels like saying "I am busy two days ago". It just does not makes sense. Recently/lately means near past. I am busy these days is fine however.