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Re: GRE 167Q, Retake or No??
GRE Verbal is virtually irrelevant for econ admissions. Pulsars is right that top econ applicants (and math/physics) do tend to have high GRE verbal scores, but this is almost entirely a second-order effect of the high intellectual requirements and entry barriers in these disciplines; that doesn't necessarily reflect admissions preferences. As an example, the verbal section is actually used in sociology admissions, but top PhD sociology verbal scores are 3-7 points lower than top econ PhDs, simply because of self-selection. Intelligent people don't study sociology.