This article starts with a discussion on the relationship between the covenant of redemption and the covenant of grace, arguing that there is no material difference between them. He then focuses on the covenant of grace, refuting non-Reformed teachings that have emerged on this doctrine. The author emphasizes that this covenant follows the covenant of works in history, and that it does not do away with the responsibility of man.
Both dispensational and covenant theology are ways in which believers “put together” their Bible. These systems serve as interpretive grid to understand the storyline of Scripture. Chapter 2 compares and contrasts dispensationalism and covenant theology to see how they relate different covenants and to better understand both approaches. Different varieties of dispensationalism and covenant theology are discussed.
The Father, the Son, and the Holy Spirit has a perfect coincidence of will and purpose. They have a covenant of redemption in which they made promises to one another, and in which their different tasks in salvation is distinguished but not separated. This article specifically also looks at the role of the Holy Spirit in the covenant of redemption.