In Verilog, a module is the basic building block of hardware design. We start by defining a module with a name and declare its inputs and outputs. Inside the module, we describe the logic, often using 'assign' statements to connect outputs to expressions of inputs. The module ends with the 'endmodule' keyword. This module can then be used in larger designs by instantiating it. The execution table shows the step-by-step process of defining a simple AND gate module. Variables a and b are inputs, and y is the output assigned as the AND of a and b. Key moments clarify why 'assign' is used, the importance of 'endmodule', and when a module can be used. The visual quiz tests understanding of these steps and their effects on variables.