I forget the details, but basically, it consists of a Resistor, Capacitor and Inductor in series or in parallel (depending on what you want to use it for -- again, I forget the details of what's used when...). The resistor has the same impedence regardless of frequency (of the AC supply). The capacitor acts as a perfect resistor under low frequencies, but as a perfect conductor under high frequencies. The Inductor does the opposite.
So in that way, you can "tune" the circuit to only select a narrow band of frequencies.
Not exactly a complete answer I admit.... I'm hazy on the details.