Faraday's constant, denoted as 'f', is the electric charge carried by one mole of electrons, approximately equal to 96485 coulombs. This value is crucial for calculations in electrochemistry, particularly when relating the amount of substance undergoing oxidation or reduction to the electric charge involved in these processes. It connects the macroscopic world of moles and mass with the microscopic behavior of electrons during redox reactions and is integral to understanding how electrochemical cells operate.