My new forecasting textbook


23 May 2012


After years of saying that I was going to write a book to replace Makridakis, Wheelwright and Hyndman (1998), I’m finally ready to make an announcement!

My new book is Forecasting: principles and practice, co-authored with George Athanasopoulos. It is available online and free-of-charge. We have written about 2/3 of the book so far (all of which is already available online), and we plan to finish it by the end of 2012. We hope to make a print version of the book available on Amazon in early 2013.

This textbook is intended to provide a comprehensive introduction to forecasting methods and present enough information about each method for readers to use them sensibly. We don’t attempt to give a thorough discussion of the theoretical details behind each method, although the references at the end of each chapter will fill in many of those details. We use R throughout the book and we intend students to learn how to forecast with R.

The book has it’s own R package: fpp. This contains all the data sets used in the book, and also loads a few other packages that are necessary to complete the examples.

The book is different from other forecasting textbooks in several ways.