1) Index notation is a useful tool for performing vector algebra using subscript notation. Vectors can be expressed as sums of their coordinate components multiplied by basis vectors.
2) Key concepts include: the Kronecker delta symbol δij, Einstein notation where repeated indices imply summation, and the Levi-Civita symbol ijk which determines the sign of cross products.
3) Using these tools, vector operations like the dot product and cross product can be written concisely in index notation. For example, the dot product of two vectors ~a and ~b is aibi and their cross product is ijkaibjêk.