The recent attempts to gain the first principle understanding of super
cooled liquids and glass transition are explained The most successful
first principle theory to date is an application of the mode coupling
theory (MCT) to this problem, which, however, appears to be limited to
the initial stage of freezing prior to glass transition. In the hope
of overcoming this limitation a theoretical framework which combines t
he mode coupling mechanism and the free energy barrier hopping which t
akes place in the glassy state is proposed.