Op-Amps are versatile components used for amplification, filtering, and mathematical operations. Key characteristics include infinite gain, high input impedance, and low output impedance. Common configurations include inverting, non-inverting amplifiers, comparators, and integrators.

Significance
Op-Amps are essential in signal amplification, analog computing, and control systems. The experiment helps determine parameters like gain and impedance, which are crucial for designing efficient circuits.