This paper presents a novel approach to evaluating the resilience of urban electricity networks by integrating technical grid simulations with macroeconomic impact modelling. Focusing on seismic hazards in Auckland, New Zealand, the study applies OpenDSS and GridLab-D to simulate three distributed energy resource configurations: Business-as-Usual, HighRenewable Adoption, and Decentralized Microgrid. Resilience metrics including system average interruption duration, interruption frequency, outage duration, and energy not supplied are quantified and translated into economic outcomes using the MERIT (Measuring the Economics of Resilient Infrastructure through Time) model. Results indicate that decentralized configurations reduce energy not supplied by more than 80 percent and avoid up to $60 million New Zealand in gross regional product losses compared to the baseline. The findings demonstrate that decentralized microgrids not only improve technical performance but also deliver significant economic and social benefits. The integrated framework introduced in this study provides a scalable tool for infrastructure planners and policymakers to assess the value of resilience investments under potential future hazard scenarios.