In this thesis, we address problems encountered in complex network analysis using graph theoretic methods. The thesis specifically centers on the challenge of how to characterize the structural properties and time evolution of graphs. We commence by providing a brief roadmap for our research in Chapter 1, followed by a review of the relevant research literature in Chapter 2. The remainder of the thesis is structured as follows. In Chapter 3, we focus on the graph entropic characterizations and explore whether the von Neumann entropy recently defined only on undirected graphs, can be extended to the domain of directed graphs. The substantial contribution involves a simplified form of the entropy which can be expressed in terms of simple g...