There are two main types of computer graphics - raster (bitmap) images composed of pixels and vector images composed of mathematical paths. Raster images require higher resolution and anti-aliasing to appear smooth when scaled, while vector images remain smooth at any size. File formats like TIFF, EPS, and PDF are best for high-quality print while JPEG, GIF, and PNG are better for online use due to smaller file sizes. Color models like RGB and CMYK have different color ranges or gamuts that are important to consider depending on intended output. Resolution is crucial depending on intended display or print and is measured in PPI, DPI, or LPI.