This volume contains a series of lectures presented at the 5th Course of the International School of Astrophysics held in Erice (Sicily) from July 1st to July 14, 1979 at the "E. l1ajorana" Centre for Scientific Culture. The course was fully supported by a grant from the NATO Advanced Institute Programme. It was attended by about one hundred participants from ten countries. Since the discovery of the first extra-solar X-ray source in the early 1960's, X-ray astronomy has played an increasingly im portant role in the study of the Universe, bringing new insight to almost every field of modern...