Average IQ for Economics Majors
About these figures: field-of-study averages are estimates derived from published research converting standardized admission-test scores (SAT/GRE) to IQ-scale equivalents. They describe group averages, not individuals — the range of ability within any major is far wider than the differences between majors, and choosing a major is not an intelligence test. See our methodology.
Average IQ Range
120–130
IQ Classification
Superior range
Overview
Economics sits at the intersection of rigorous mathematical modeling and verbal argumentation. Modern economic theory requires calculus, differential equations, game theory, and econometrics. Graduate-level economics is essentially applied mathematics and statistics, and is widely recognized as one of the most cognitively demanding social science graduate programs. Undergraduate economics programs vary widely — elite programs are highly mathematical, while others emphasize qualitative analysis. GRE and GMAT data consistently show economics majors well above average on both quantitative and verbal reasoning dimensions.
To understand what these IQ ranges mean, see our complete IQ score ranges guide. You can also check where specific scores fall: Is 125 IQ Good?
SAT & GRE Correlation
Economics majors post among the highest GRE scores of any social science, averaging 159–163 on quantitative reasoning and 156–160 on verbal. Rigorous economics programs increasingly require calculus, linear algebra, and statistics, and GMAT scores for MBA applicants who majored in economics typically exceed 700. These results reflect the blend of mathematical and verbal reasoning the field demands.
For more on how standardized test scores relate to IQ, see our SAT to IQ conversion guide and GRE to IQ conversion guide.
Top Programs
- Harvard
- MIT
- LSE
- University of Chicago
Career Paths
- Economist
- Investment Banker
- Policy Analyst
- Quantitative Trader
Curious how these careers compare? See our full IQ by career chart.
How Does Economics Compare to Other Majors?
| Major | Average IQ Range |
|---|---|
| Economics | 120–130 |
| Mathematics | 125–135 |
| Statistics | 122–132 |
| Finance | 112–122 |
Frequently Asked Questions
What is the average IQ of an economics major?
Economics majors are estimated to average IQ scores of 120–130, placing them among the higher-scoring social science disciplines. At rigorous programs, economics demands advanced mathematics alongside verbal argumentation — a combination that correlates strongly with general intelligence. Economics majors score particularly high on GMAT and GRE exams.
Is economics a math-heavy major?
At top programs, yes. Modern economics uses calculus, linear algebra, probability theory, and econometrics extensively. Microeconomics requires optimization calculus; macroeconomics uses differential equations; econometrics uses matrix algebra and statistical inference. Students who struggle with mathematics often find rigorous economics programs very challenging.
Why do economics majors earn high salaries?
Economics majors develop quantitative modeling, statistical analysis, and formal logical reasoning skills that transfer well to finance, consulting, technology, and policy. The major is frequently the top-earning humanities-adjacent degree. In investment banking and quantitative trading, economics graduates compete directly with mathematics and engineering graduates.
Explore More Majors
Learn more about what IQ measures, or take our free IQ test to see where you stand.
MyIQScores Editorial Team
Editorial team focused on cognitive testing & psychometrics research
Last updated
May 10, 2026
MyIQScores content is written and maintained by our editorial team using published research in cognitive psychology and psychometrics as its source base. We label estimates as estimates, link primary sources where available, correct errors when readers flag them, and update pages as research or feedback warrants — see our corrections policy.