Sine is classified as an odd function because it satisfies the property sin(-x) = -sin(x), while cosine is an even function since cos(-x) = cos(x). This distinction is illustrated through the unit circle, where rotating an angle in the negative direction results in sine values that are the opposite in sign but equal in magnitude, while cosine values remain unchanged. The discussion emphasizes the importance of understanding these functions through their graphical representations and definitions on the unit circle. Specific examples, such as sin(-30) = -1/2 and cos(-60) = 1/2, support these properties, although questions arise regarding values in different quadrants. Overall, the unit circle and Taylor Series are recommended tools for grasping these concepts more clearly.