The subject of this book is the theory of operads and colored operads, sometimes called symmetric multicategories. A (colored) operad is an abstract object which encodes operations with multiple inputs and one output and relations between such operations. The theory originated in the early 1970s in homotopy theory and quickly became very important in algebraic topology, algebra, algebraic geometry, and even theoretical physics (string theory). Topics covered include basic graph theory, basic category theory, colored operads, and algebras over colored operads. Free colored operads are discussed in complete detail and in full generality. The intended audience of this book includes students and researchers in mathematics and other sciences where operads and colored operads are used. The prerequisite for this book is minimal. Every major concept is thoroughly motivated. There are many graphical illustrations and about 150 exercises. This book can be used in a graduate course and for independent study.