This document provides information about chemical equilibrium. It begins with defining types of chemical reactions as irreversible or reversible. For reversible reactions, the document states that the reactants and products can interconvert under equilibrium conditions. Several examples of homogeneous and heterogeneous equilibrium reactions are given. The key characteristics of chemical equilibrium are then outlined, including the dynamic nature of equilibrium and the role of Le Chatelier's principle in affecting the equilibrium position. The concepts of equilibrium constants Kp and Kc are introduced, along with how to use them to predict reaction direction and extent. Factors that influence the equilibrium position like concentration, pressure, temperature and catalysts are also discussed.