I've never owned the gun mentioned in the initial post, but I have owned a mossberg ATR along with quite a few others. I think that mossberg fits anyone's definition of "economy". It was as accurate as it needed to be, never really sat down to see what it was capable of as I mainly used it to shoot "things" instead of paper, but it always exploded the "thing" I was aiming for. It was .30-06 caliber, I think I paid $250 for it on the used market, but they weren't much more new at wally world.
I don't know why or how, but it had considerably less recoil than my other .30-06's maybe a different twist in the rifling, or possibly bad tolerances, either way I was happy with it and wish I had never sold it. I own a browning a-bolt now, and sure it's a better gun, but the mossberg with it's "less recoil" my girlfriend had no problem shooting a whole box of shells though with my other guns I can't get her to shoot more than one or two before her shoulder hurts (to be honest mine does too).
anyhow, I'd suggest adding that ATR to the list of economy hunting rifles that is worth a spin around the block...