In mathematics, a point $x$ is called an isolated point of a subset $S$ (in a topological space $X$) if $x$ is an element of $S$ but there exists a neighborhood of $x$ which does not contain any other points of $S$. This is equivalent to saying that the singleton $\{x\}$ is an open set in the topological space $S$ (considered as a subspace of $X$).
I found this here, but i really could not understand the equivalence of the two concepts. Some good explanation would be a great help as I am new to topological spaces.
Suppose that $\{x\}$ is a neighborhood of $x$. Then there is an open set $O$ such that $x\in O$ and that $O\subset\{x\}$. But then $O=\{x\}$ and therefore $\{x\}$ is open.
On the other hand, if $\{x\}$ is open, then $\{x\}$ is a neighborood of $x$ which has $x$ as its only element.