In a past entry, the assertion was made that Reformed theology was at its foundation covenantal theology--that is, the bountiful and beautiful truths offered in Reformed Christianity are rooted in God's covenantal relationship with His people.
There are three covenants revealed in Scripture: the Covenant of Redemption, the Covenant of Works, and the Covenant of Grace. The proper understanding of the latter two covenants is essential for a biblical theology. Within these categories, the majesty of God's character and the gravity of Christ's atoning work is put on display with an unequaled profundity.
A former classmate, Brennan Ellis, now working on his doctorate at St. Andrews in Scotland, produced a helpful summary of these covenants at his website, creedorchaos. Follow this link: http://creedorchaos.wordpress.com/2008/04/10/covenant-theology-is-reformed-theology/
Enjoy!
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