We will define and discuss the Observer Design Pattern. Observables are implemented in RxJS and are under consideration for standardization in ES2016. We will compare Observables, Promises, Events and callbacks. We will also discuss how Promises, Events and callbacks can be bridged into Observables.Finally we will discuss how RxJS is used to implement Angular 2. We will explore how Observables are used in change detection and ngZone, Http, Async Facade and Forms. We will also discuss how to make use of RxJS and Observables in our Angular 2 applications.