Figure 1 – Möbius strip

The Möbius strip is a three-dimensional object studied in topology* with unusual characteristics: it has only one side and only one boundary (see Figure 1). It can be easily made from an elongated rectangular strip of paper by joining the short ends after first giving one end a half-twist. With the object in hand, one can immediately verify—also by tracing it with a finger—that it has a single side and a single boundary.
Its name comes from August Ferdinand Möbius (1790–1868), who was the first to study non-orientable surfaces (surfaces on which it is not possible to distinguish positive and negative configurations, an “inside” and an “outside”) and ruled surfaces (which can be obtained as a union of straight lines, such as the plane, the cylinder, and the cone), like this one.
In ℝ³ the strip is described by the following parametric equations in Cartesian coordinates:
where r and l are fixed positive numbers with r>l (a necessary condition for the strip to have the possibility of twisting).
Informally, one can say that the parameter u is an angle that “goes around” the strip counterclockwise, while the parameter v “moves from one side to the other” across the strip. Fixing two values of v, for example v=−1,1, one obtains the curves in Figures 2 and 3, which, taken together, outline the boundary of the strip in Figure 4. As is easy to guess, for v=0 one obtains a circle, i.e., a closed curve halfway along the strip. Interestingly, cutting the strip along this midline does not produce two strips, but a new single strip twisted twice.
Figure 2 – Curve obtained with v=1 (source: Riccardo Dossena, UniPV)

Figure 3 – Curve obtained with v=−1 (source: Riccardo Dossena, UniPV)

Figure 4 – Curve obtained by combining the previous two, the boundary of the strip (source: Riccardo Dossena, UniPV)

Once the boundary is defined, it is easy to understand how the set of all the curves described by the two parameters u,v, over the intervals considered, can define the entire surface of the strip.
Topological considerations are omitted, and the reader is invited to do some experiments by constructing strips with two or more twists of the ends before joining them, and by cutting the strip along its middle in the various cases to see the results… surprising!
Topology*
Topology is an area of mathematics that studies the properties of mathematical objects (shapes) that do not change when a deformation is performed without ‘holes’, ‘overlaps’, or ‘gluing’. For example, a cube is topologically equivalent to a sphere, whereas a torus (a doughnut) is not, because it has a hole that cannot be removed by deformation.
For further reading, the Wikipedia page is comprehensive.