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Credit: Teravolt
An operational amplifier (often op-amp or opamp) is a DC-coupled high-gain electronic voltage amplifier with a differential input and, usually, a single-ended output. In this configuration, an op-amp produces an output potential (relative to circuit ground) that is typically hundreds of thousands of times larger than the potential difference between its input terminals.
Operational amplifiers had their origins in analog computers, where they were used to perform mathematical operations in many linear, non-linear and frequency-dependent circuits. The popularity of the op-amp as a building block in analog circuits is due to its versatility. Due to negative feedback, the characteristics of an op-amp circuit, its gain, input and output impedance, bandwidth etc. are determined by external components and have little dependence on temperature coefficients or manufacturing variations in the op-amp itself.
Op-amps are among the most widely used electronic devices today, being used in a vast array of consumer, industrial, and scientific devices. Many standard IC op-amps cost only a few cents in moderate production volume; however some integrated or hybrid operational amplifiers with special performance specifications may cost over $100 US in small quantities. Op-amps may be packaged as components, or used as elements of more complex integrated circuits.