EIC framework, (Top down Approach) is a approach of financial analysis where the whole economy is analyzed followed by particular sector/ industry and then selected company’s analysis.
Economy: The overall attributes of economy has to be analyzed holistically, with major issues which may affect the economy overall and thus the industry. The economic growth as macro factor affects industry as whole. Eg. Global factor effects on Indian markets, as it has been seen in the end of august 2007,
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