Short Question: What is the importance of isomorphic functions in programming (namely in functional programming)?
Long Question: I'm trying to draw some analogs between functional programming and concepts in Category Theory based off of some of the lingo I hear from time-to-time. Essentially I'm trying to "unpackage" that lingo into something concrete I can then expand on. I'll then be able to use the lingo with an understanding of just-what-the-heck-I'm-talking about. Which is always nice.
One of these terms I hear all the time is Isomorphism, I gather this is about reasoning about equivalence between functions or function compositions. I was wondering if someone could provide some insights into some common patterns where the property of isomorphism comes in handy (in functional programming), and any by-products gained, such as compiler optimizations from reasoning about isomorphic functions.