Operational amplifiers (op amps) are voltage amplifiers that can be configured in various ways using feedback. Common op amp configurations include inverting amplifiers, non-inverting amplifiers, summing amplifiers, and difference amplifiers. These configurations allow op amps to perform functions like amplification, filtering, integration, differentiation, and mathematical operations. Op amp analysis involves applying Kirchhoff's laws and the assumptions of the ideal op amp model, namely infinite gain, infinite input impedance, and zero output impedance.