Economy of Salvation
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The Economy of Salvation is that part of divine revelation in the Christian tradition that deals with God’s creation and management of the world, particularly his plan for salvation accomplished through the Church. 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 the Old Testament and New Testaments. The ultimate expression of this in Christian theology according to Catholic Church teachings 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.
God saved Noah by commanding that Noah build the Ark for Noah's salvation. Certainly God could have spoken the Ark into existence more easily than commanding Noah to complete the task. Thus an illustration of God's Economy in Salvation. He does not do for man that which man himself can accomplish. Noah could not have foreseen the need for an ark, known the dimensions required of such a vessel, or the appropriate materials; thus God provided those. However, Noah could provide the labor and was required to do so.
- Mcgrath, Alister Christian Theology: An Introduction Blackwell Publishing, 2006 p. 267 ISBN 978-1-4051-5360-7
- Confirmation in the Economy of Salvation Catechism of the Catholic Church
- Conrad, A.C. The Divine Economy. Grand Rapids: Eerdmans, 1954.
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