Call it the Scholar's Study.

Definitely getting a Final fantasy Tactics feel from this piece. Calm, uplifting and with a dash of sophistication.

You could also call it:
"shopkeep's haggle"
"Town gates"

I could listen to this looped for a while

I'm getting a Legend of Zelda feel from this song, though I doubt that was your original intention. It's calm and not overly dramatic yet I do get that 15th century feel that you were referring to. Overall, I'd say this was a good job.