This paper focuses on the dynamic behavior of functionally graded conical, cylindrical shells and annular plates. The last two structures are obtained as special cases of the conical shell formulation. The first-order shear deformation theory (FSDT) is used to analyze the above moderately thick structural elements. The treatment is developed within the theory of linear elasticity, when materials are assumed to be isotropic and inhomogeneous through the thickness direction. The two-constituent functionally graded shell consists of ceramic and metal that are graded through the thickness, from one surface of the shell to the other. Two different power-law distributions are considered for the ceramic volume fraction. The homogeneous isotropic material is inferred as a special case of functionally graded materials (FGM). The governing equations of motion, expressed as functions of five kinematic parameters, are discretized by means of the generalized differential quadrature (GDQ) method. The discretization of the system leads to a standard linear eigenvalue problem, where two independent variables are involved without using the Fourier modal expansion methodology. For the homogeneous isotropic special case, numerical solutions are compared with the ones obtained using commercial programs such as Abaqus, Ansys, Nastran, Straus, Pro/Mechanica. Very good agreement is observed. Furthermore, the convergence rate of natural frequencies is shown to be very fast and the stability of the numerical methodology is very good. Different typologies of non-uniform grid point distributions are considered. Finally, for the functionally graded material case numerical results illustrate the influence of the power-law exponent and of the power-law distribution choice on the mechanical behavior of shell structures.