Forecasting: Principles and Practice by Rob J Hyndman and George Athanasopoulos

This textbook is intended to provide a comprehensive introduction to forecasting methods and to present enough information about each method for readers to be able to use them sensibly. Authors 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.

The book is written for three audiences:
(1) people finding themselves doing forecasting in business when they may not have had any formal training in the area;
(2) undergraduate students studying business;
(3) MBA students doing a forecasting elective. We use it ourselves for masters students and third-year undergraduate students at Monash University, Australia.

For most sections, authors only assume that readers are familiar with introductory statistics, and with high-school algebra. There are a couple of sections that also require knowledge of matrices, but these are flagged.

At the end of each chapter we provide a list of “further reading”. In general, these lists comprise suggested textbooks that provide a more advanced or detailed treatment of the subject. Where there is no suitable textbook, authors suggest journal articles that provide more information.

Link: Book Website

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