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Encyclopedia > Economy of Salvation

The Economy of Salvation is that part of divine revelation that deals with God’s creation and management of the world, particularly His plan for salvation accomplished through the Church. Image File history File links Information_icon. ... To meet Wikipedias quality standards, this article may require cleanup. ...


From the Greek oikonomia (economy), literally, "management of a household" or "stewardship". Also called the Divine Economy.



It is the elements and resources revealed by God as necessary for salvation through special revelation (Scriptures of old and new testament.)


The ultimate expression of this in theology would be the work of salvation achieved by Jesus Christ on the cross. His sacrifice paid for our debts and therefore has made payment for our sins - and therefore we are seen as not guilty before God for our sins committed.


This economy is related to a transaction: God gives the means of salvation through Jesus sacrifice. We accept it through faith and allegiance to Him.


As such it is an economy as it has resources, management and accountability.


  Results from FactBites:
 
Mary In The One Economy of Salvation (4162 words)
She is also, in her very being, because of the 'one economy', the great sign, the exemplary realisation or typus of the Church as Lumen Gentium points out.
Nevertheless, Ratzinger has pointed out that this decision was a 'wassercheide': in placing her within the document on the Church, her role was confirmed as essentially ecclesial, and she was explicitly named 'Mother to us in the order of grace'.
She mediates the grace of Christ to "all the rest of her children who obey God's commandments and have in themselves the witness of Jesus" (Rev 12:17).
  More results at FactBites »


 
 

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