Graphene, a single atomic layer of graphite, was created only a few years ago. It is a remarkable system, whose law energy effective theory has a lot in common with relativistic 2 + 1 dimensional ones. Graphene allows tabletop experiments for observing nonperturbative relativistic phenomena, most notably spontaneous chiral symmetry breaking both in vacuum and in an external magnetic field. The latter is in turn crucial for the dynamics of Quantum Hall effect in this system. I will review the basic physics and the latest results obtained both in the experimental studies and the theory of graphene.