Econophysics is an interdisciplinary field that applies concepts and methods from physics to analyze economic systems. It focuses on understanding complex financial markets and economic phenomena using statistical mechanics and mathematical models. By treating economic agents as particles in a system, researchers can study patterns and behaviors that emerge in markets. This field emerged in the late 1990s, driven by the need to explain market fluctuations and crises. Econophysics has contributed to the understanding of stock market dynamics, income distribution, and financial networks, providing insights that traditional economic theories may overlook.