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UWA Business School graduate David Halperin has won the 2010 Undergraduate Prize for the Western Australian Branch of the Australian Agricultural and Resource Economics Society (AARES).

David won the prize for his Economics honours thesis, titled ‘A New Approach to Forecasting Metals Prices.' David's method proved to have extremely positive results. Over the 2003-2009 period, it produced correct turning points forecasts 80 per cent of the time, in comparison to 71 per cent for the best naïve model.

The Australian Agricultural and Resource Economics Society (AARES) is an independent association of persons and organisations interested in agricultural, resource and environmental economics.

The Undergraduate Prize in Agricultural and Resource Economics was created in 1988, and students from UWA have now won the Western Australian prize in every one of the 21 years in which it was awarded.