Some nouns that are plural in form but singular in meaning require a singular verb: economics, news, mathematics, summons, mumps, and so on.
Economics is a social science, not a pure science.
Exceptions: assets, earnings, premises, proceeds, quarters (These plural-form nouns, though singular in meaning, use a plural verb.)
Last year's earnings were up from 2001!
Our greatest assets are our employees.
(From Write for Business, page 324, and Proofreader's Guide PDF, page 74)






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