I had everything working with R and RStudio, but then I moved the folders when cleaning up my computer directories & files. Now I\'m getting the error message below.
When you install the package using the RStudio package installer or directly from CRAN, it doesn't install the dependencies ("fracdiff", "Rcpp", "RcppArmadillo" and "colorspace") and hence, R keeps throwing the load namespace error. Installing the package through, automatically installs all the dependencies and solves this problem.
install.packages("forecast",
repos = c("http://rstudio.org/_packages",
"http://cran.rstudio.com"))