Given $\Omega$ as $[0,1]^n$ or the closed unit ball in $\mathbb{R}^n$, we can consider the algebra of complex valued polynomials with pointwise multiplication and its closure with respect to the norm
$$ \|p\| = \|p\|_\infty + \sum_{k=1}^n\left\| \frac{\partial p}{\partial x_k} \right\|_1. $$
I am wondering if this Banach algebra has been studied. If so, does it have a common name, and what are some resources that I can read about it?