This lecture covers the principles of stoichiometry in chemical reactions, focusing on undetermined systems, limiting reagents, and excess reagents. It also delves into oxidation states, explaining how to calculate them and their significance in balancing redox reactions. The instructor discusses practical examples such as the combustion of propane and dissolution of limestone in acetic acid, illustrating the application of stoichiometry concepts. Additionally, the lecture explores the inflation of airbags as a real-world stoichiometry problem, detailing the chemical reactions involved and the stoichiometric calculations required for airbag deployment.