The brain and its inherent functions can be modified by various forms of learning. Learning-induced changes are seen even in basic perceptual functions. In particular, repeated training in a perceptual task can lead to a significant improvement in the trained task—a phenomenon known as perceptual learning. There has been a long-standing debate about the mechanisms of perceptual learning. In this talk, I will present results from our series of electrophysiological studies. These studies have consistently shown that perceptual learning is mediated by concerted changes in both perceptual and cognitive processes, resulting in improved sensory representation, enhanced top-down influences, and refined readout process.