The expansion rate of the Universe changes with time, initially slowing (decelerating) when the universe was matter dominated, because of the mutual gravitational attraction of all the matter in it, and more recently speeding up (accelerating). A number of cosmological observations now strongly support the idea that the Universe is spatially flat (provided the dark energy density is at least approximately time independent) and is currently undergoing an accelerated cosmological expansion. A majority of cosmologists consider "dark energy" to be the cause of this observed accelerated cosmological expansion.The "standard" model of cosmology is the spatially-flat ΛCDM model. Although most predictions of the ΛCDM model are reasonably consistent with measurements, the ΛCDM model has some curious features. To overcome these difficulties, different Dark Energy models have been proposed. Two of these models, the XCDM parametrization and the slow rolling scalar field model φCDM, along with "standard" ΛCDM, with the generalization of XCDM and φCDM in non-flat spatial geometries are considered here and observational data are used to constrain their parameter sets.In this thesis, we start with a overview of the general theory of relativity, Friedmann's equations, and distance measures in cosmology. In the following chapters we explain how we can constrain the three above mentioned cosmological models using three data sets: measurements of the Hubble parameter H(z), Supernova (SN) apparent magnitudes, and the baryonic acoustic oscillations (BAO) peak length scale, as functions of redshift z. We then discuss constraints on the deceleration-acceleration transition redshift z da using unbinned and binned H(z) data. Finally, we incorporate the spatial curvature in the XCDM and φCDM model and determine observational constraints on the parameters of these expanded models.