I have no idea what they might mean by "discuss". You'll want to check your textbook and your class notes; whatever they "discuss" is probably what you're expected to talk about, too.
As for sketching, it'll probably be helpful to reformat first to get the equation into a form that looks a bit more familiar.
. . . . .2x + 4y^2 + 8y = 0
. . . . .2x = -4y^2 - 8y
. . . . .x = -2y^2 - 4y
. . . . .x = -2(y^2 + 2y)
. . . . .x = -2(y^2 + 2y + 1 - 1)
. . . . .x = -2(y^2 + 2y + 1) - 2(-1)
. . . . .x = -2(y + 1)^2 + 2
Graph as usual, other than for the parabola being "sideways".