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No, a high score doesn't mean you'll be a good economist, but the math in the GRE is easy and people doing advanced math should of course be able to miss few or no answers on such a test. This is one of the few things about your record that, at this point, you can pour energy into and improve.
So adcoms see lots of perfect and near-perfect scores, and it's easy to dump those who don't have them to pare down the applicant pool.
But that's not to say that being able to do well at simple math means you'll be any good at more difficult math, or abstract math, or economics...
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