Precision Electroweak Tests of the Standard Model

The study of electron-positron collisions at LEP, together with additional measurements from other experiments, in particular those at SLC and at the Tevatron, has allowed for tests of the electroweak Standard Model with unprecedented accuracy. We review the results of the electroweak precision tests and their implications on the determination of the Standard Model parameters, in particular of the Higgs boson mass, and comment on the constraints for possible new physics effects.