Principles of Homogeneous Catalysis

Now that we understand the goal of transition metal catalysis, it's time to look at the two main ways in which this is achieved. There is homogeneous catalysis and heterogeneous catalysis. Let's focus on homogeneous catalysis first, which has the catalyst and reactants in solution together. What are the benefits of this approach? What are the drawbacks? How does this work mechanistically? What is a catalytic cycle? Let's find out!