Enzymes are protein molecules that act as catalysts in biological processes, accelerating reactions by lowering their activation energy. Enzyme kinetics is the study of chemical reactions catalyzed by enzymes and how varying conditions affect reaction rates. The Michaelis-Menten model describes reaction rates in terms of the enzyme-substrate binding affinity (Km) and maximum reaction rate (Vmax). Graphical representations like Lineweaver-Burk and Eadie-Hofstee plots can determine these parameters from experimental data.