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The first dispensation is Innocence, of which God created all living creatures upon the earth. (Genesis 2:8-17,25). Adam heads this economy.
The second dispensation is Conscience, wherein Adam and (Eve) fell into sin and all the earth received the curse and penalty of sin (Genesis 3:10-18, Romans 2:11-15). Adam heads this economy.
The third dispensation is Human Government, which was instituted subsequent to the Antediluvians Age, which culminated with the destruction of all who were living upon the earth, with the exception of Noah and his family. This dispensation was the first wherein God established civil rule (Genesis 9:6 Romans 13:1). Noah heads this economy.
The fourth dispensation is Promise, wherein God called and separated one man Abraham and he ultimately created from Abraham one sanctified nation Israel, to be his elect or his people (Genesis 12:1-3; 22:17-18). Abraham heads this economy.
The fifth dispensation is Law, wherein God gave his Law and rule of Law, his ordinances exclusively to his people (Exodus 20:1-26; Galatians 3:19). Moses heads this economy.
The sixth dispensation is Grace, which is the present dispensation from which the body of Christ, the Church is revealed and manifested. Also, God's elect for this economy is comprised of all mankind (both Jew and Gentile) (Romans 5:20-21 Ephesians 3:1-9). Paul heads this economy.
The seventh dispensation is Kingdom, which shall be administered during the Millennium (one thousand years) subsequent to Jesus Christ's return to the earth to set on the throne of David and rule this earth in perfect peace for one thousand years (Isaiah 9:6-7:11:1-9). Jesus Christ heads this economy.
DISPENSATION: To dispense or administer an economy, administration or house rule. A particular program or set of operating instructions that GOD dispenses for man's obedience during a time period. A dispensation is not the time period, however covers a period of time. The issue is the policy, program, or instructions, not time. Remember time is an interval of space GOD sets to implement his will and purpose.
COVENANT: A pledge, alliance, contract or agreement between two or more parties. There are 2 types of covenants between GOD and man.
1. Unilateral or unconditional meaning all obligations are the responsibility of GOD, no responsibility placed upon mankind to effectuate the covenant.
2. Bilateral or conditional meaning mankind is required to do certain things in order to effectuate the covenant.
Grace Gospel Church- George D. Cutler-Pastor
Psalms (hymns and poems) and Proverbs have universal principles Song of Solomon and Job are books of Poetry.
Governing Terms of the Grace Covenant and Dispensation
Note: God has always and is continuously manifesting His eternal relationship with His elect through covenant arrangement in every dispensation. A covenant is an agreement between two or more parties and a dispensation is a policy or house rule governing a specific era. The chart below identifies operational functioning of covenantal/dispensational commitments between God and His elect in the Grace Dispensation.
Study Aid: Greek Reference Syllabus
Biblical Greek Pronunciation Conversions