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Sabra Hennessy Ustinov College The Economy in Ancient Mesopotamia: Palace versus Oikos? The economic systems which acted in Mesopotamia throughout its history have long been debated. Was it was a temple, palace (in this case taken to be the seat of the ruler) or oikos economy, and was it was an embedded or market economy? Such questions as to the nature of an economic model are apparent in the study of all ancient Near Eastern civilizations, but due to limitations in space this study will focus on the palaces of Mesopotamia in the third and second millenniums B.C. The answers to these questions have been made complicated by the evidence which the archaeologist, historian, anthropologist or economist have at their disposal. The existence of palaces in Mesopotamia, at least after the middle of the third millennium, is now beyond debate1, but what part they played in the intricate working of the Mesopotamian economy...

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