Chemical Reaction Engineering studies how reaction rates are affected by temperature, pressure, and reactant concentration. It provides information about reaction mechanisms, speeds, and types that can be used in bioreactor design. Fundamental concepts include reaction rates, rate laws, and rate constants. Reaction rates are defined as changes in molar concentration over time and can be positive for products or negative for reactants. Rate laws relate reaction rates to reactant concentrations and rate constants measure reaction rates when reactants are at unit concentration.