The document discusses traffic stream models. It describes two classes of traffic models: macroscopic models that examine average behaviors like density and speed, and microscopic models that examine individual behaviors like car-following models. The car-following model assumes cars cannot pass and a car's acceleration depends on the headway distance and speed difference of the car in front. Conservation laws state that the number of cars in a highway segment remains constant over time. Greenshield's model relates traffic speed to density, with free flow at low density and zero speed at maximum density. The document outlines concepts like flow rate, spacing, headway, density and speed-flow-density relationships.