the polar and exponential form
There are two equally good ways to name a point in the complex plane. The rectangular form z = x + i y tells you how far right and how far up. The polar form tells you instead how far from the origin and in what direction: z = r (cos theta + i sin theta), where r = |z| is the modulus and theta = arg z is the argument. The two are linked by x = r cos theta and y = r sin theta — the same conversion you know from polar coordinates.
Euler's formula, e^(i theta) = cos theta + i sin theta, lets you write the polar form even more compactly as z = r e^(i theta), called the exponential form. This is not just shorthand: it makes multiplication almost effortless. Because exponents add, (r e^(i theta))(s e^(i phi)) = r s e^(i(theta + phi)) — to multiply two complex numbers you multiply their moduli and add their arguments. Division reverses it: divide the moduli, subtract the arguments. What was a fiddly algebraic expansion becomes one line.
The exponential form is the lens through which most of complex analysis is best seen. Multiplication is now visibly a scaling (by r) plus a rotation (by theta); powers and roots follow instantly from de Moivre's theorem; the roots of unity sit at evenly spaced angles; and the complex exponential and logarithm are built directly on top of it. If you take away one tool from the foundations, let it be z = r e^(i theta).
z = 1 + i has r = the square root of 2 and theta = pi/4, so z = (the square root of 2) e^(i pi/4). Then z^2 = 2 e^(i pi/2) = 2i — squaring doubled the angle and squared the length.
In exponential form, multiplying is multiply-the-r's, add-the-angles — one clean line.
Because theta is the argument and the argument is multivalued, r e^(i theta) and r e^(i(theta + 2 pi)) name the same number. This ambiguity is harmless for arithmetic but matters greatly once you take logs or non-integer powers.