In this review we give a discussion of the structure of the standard m
odel and its quantum corrections for testing the electroweak theory at
present and future colliders. After a short summary of the tree level
structure of the standard model we outline the calculation of physica
l quantities at the quantum level. Concrete applications are given to
the vector boson mass interdependence and the Z resonance. Finally we
show a comparision of the standard model prediction for the electrowea
k precision observables with the most recent experimental data.