well, your throttle, like in almost any engine, controls the amount of fuel that flows into your engine cylinders, the more fuel, the more energy, the more power.
now, rpms, revolutions per minute.
the rpm's are a measure of how fast the engine shaft, and therefore the propellor is moving. now, the only thing that controls the engine is the throttle. the reason that we can lower the rpm's in a plane is because we can change the angle of the propellor. if we tilt the propellor more, we can take more of a 'bite' of the air, and push the same amount of air backwards with less power, which means our fuel consumption goes down
normally, when you increase the throttle, you increase the rpm and vice versa, however, in a, we dont actually have propellor controls, just an rpm control. to be honest, im not entirely sure how it works.
but the basics are these:
throttle = fuel into the engine
rpm = revs per minute
the reason that pulling back rpms saves a lot more fuel is that when you reduce the rpm, you are also reducing your manifold pressure (watch next time you do it), and if we decrease both we are making a far larger saving on the fuel.
basically, if you only reduced the fuel flow, and kept the prop pitch quite low, you would be using lots of energy (fuel) to keep the rpms constant. if you adjust the prop so that you dont need to use as much fuel, and still get the same power, it's far better for you and your engine
that's kind of it, and im not a great fountain of knowledge on engines, so it's hard to explain, hope that i've helped in one way or another:aok