Catalytic cycles are sequences of elementary reactions that describe how a catalyst facilitates the conversion of reactants into products and then regenerates itself, allowing for continuous use. This process involves various steps, including adsorption, reaction, and desorption, which together illustrate how catalysts speed up reactions without being consumed in the overall process. Understanding catalytic cycles is essential for grasping concepts such as reaction mechanisms and the steady-state approximation, as these cycles provide insight into how intermediates behave during the reaction process.