Graphs can be represented using adjacency matrices or adjacency lists. Common graph operations include traversal algorithms like depth-first search (DFS) and breadth-first search (BFS). DFS traverses a graph in a depth-wise manner similar to pre-order tree traversal, while BFS traverses in a level-wise or breadth-first manner similar to level-order tree traversal. The document also discusses graph definitions, terminologies, representations, elementary graph operations, and traversal methods like DFS and BFS.