Macros are alive and well and are used extensively. Microsoft has given no indication that it intends to do away with them. Another, more technical, name for macros is VBA (Visual Basic for Applications). Some people try to differentiate between macros and VBA, but that is a false dichotomy - in Office they are 100% the same.

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Cheers,
Paul Edstein
[Fmr MS MVP - Word]