Enthalpy is an important concept in thermochemistry that represents the heat transferred during a chemical reaction under constant pressure. It can be used to determine if a reaction is exothermic or endothermic based on the sign of ΔH. Hess's law states that the enthalpy change of a reaction is independent of the pathway and can be calculated from the enthalpies of the steps. Properties of enthalpy include it being a state function, extensive property, and dependent on the states of the reactants and products.