Performance evaluation of structures has until now been based on evaluation of maximum displacements, interstory drifts, deformation patterns,... Show morePerformance evaluation of structures has until now been based on evaluation of maximum displacements, interstory drifts, deformation patterns, ductility and other similar parameters; a relative economic loss estimation as a performance measure for the structure is the next step that follows, and is what has been investigated in this work. For this study a steel mid-rise structure was designed according to code provisions using modal spectral analysis, after which it was subjected to an Incremental Dynamic Analysis (IDA) procedure to evaluate the capacity curve of the building. The capacity analysis was then used to determine damage states and compute fragility curves. Finally, economic relative loss values were assigned to represent each designated damage state, for which the mean damage ratio was computed (in terms of economic loss relative to total replacement cost) as a function of spectral displacement. M.S. in Civil Engineering, May 2014 Show less