Describing a magnetic monopole is a problem in Classical Electromagnetism: essentially, if you have a magnetic monopole, then $\nabla \cdot \mathbf{B} \neq 0$, meaning that we can no longer define a vector potential $\mathbf{A}$, since -- if you remember -- it was precisely the fact that the divergence of $\mathbf{B}$ was always zero in Maxwell's Equations that allowed us to write $\mathbf{B = \nabla \times A}$.
Dirac came up with a solution for a monopole (described in an accessible way here), but it came with it's own "problems": unlike an electric monopole which is only singular at a single point ("$r=0$"), the "magnetic monopole" solution turned turned out to be singular along an infinite line. (It turns out there are two ways to see this, either as a "succession" of dipoles (left), or a tightly wound semi-infinite solenoid (right), both stretching off to infinity, as shown in the figure below. See Jackson's Electrodynamics "6.11 On the Question of Magnetic Monopoles" for more details, and a complete description of the image below.)

A system like this cannot be described by one single vector potential over all space, precisely because it is singular in this fashion. However, it turns out that one can define a vector potential that describes nearly everywhere in space (except along the monopole itself).
$$\mathbf{A} = g\left(\frac{1 - \cos{\theta}}{r \sin \theta} \right)\hat{\mathbf{\varphi}}.$$
Such a potential would indeed produce a magnetic field $$\mathbf{B} = \frac{g}{r^2}\hat{\mathbf{r}},$$
but it is singular along the line $\theta = \pi$, which is the "direction" we assume the monopole to be in. Such a singularity is known as a "Dirac String". You can read up more about it here. (The actual argument is a little more involved, it contains two "patches", one for the upper hemisphere and one for the lower one, depending on where the point you're considering is positioned and so on, but it's a little too involved for this discussion. You can find more about it online if you're interested.)
One of the curious results of Dirac's monopole was that he showed that if even one magnetic monopole existed in the universe, it would explain why charge was quantised. Which is cool...