$01$ means the string 01 and nothing else: exactly two symbols long, with a 0 and then a 1.
$(01)^\ast$ means zero or more repetitions of 01. So it could be any of $\epsilon$ (the empty string), 01, 0101, 010101, and so on.
In a theory-of-computation course, the $A+B$ notation almost certainly means the union of the two expressions $A$ and $B$. That is, any string that is in the set $A$ or that is in the set $B$. It almost certainly does not mean that $A$ is repeated one or more times, unless it is superscripted, like this: $A^+B$.
Supposing that the $+$ means union,
$(1+(01)^\ast)$ means either the string 1 or something represented by
$(01)^\ast$ as in the previous paragraph. So one of $\epsilon$ (the empty string), 1, 01, 0101, 010101, and so on. This is just like the previous paragraph, except that it also includes 1.
$(1+ (01)^\ast)10$ means something of the form $(1+ (01)^\ast)$ as in the previous parapgraph, followed by 10. So one of 10, 110, 0110, 010110, 01010110, and so on. Just like the previous paragraph, but with 10 on the end.
The book Higher-Order Perl, available free online, contains complete Perl code for a program that takes a regular expression and that generates all the strings represented by that expression, in order. If you like Perl, it might be worth a look. If not you'll probably get bogged down in the details of the code.
I don't understand why the textbook for your theory of computation course doesn't explain this. Did you look in the index?