The text of the first volume of the book covers the major topics in ring and module theory and includes both fundamental classical results and more recent developments. The basic tools of investigation are methods from the theory of modules, which allow a very simple and clear approach both to classical and new results. An unusual main feature of this book is the use of the technique of quivers for studying the structure of rings. A considerable part of the first volume of the book is devoted to a study of special classes of rings and algebras, such as serial.