Well, let's systemize it!
As far as we know, the complete theory explaining electromagnetic phenomena is (quantum) electrodynamics. In everyday life we almost always only need the classical Maxwell theory.
Since the full theory is a relativistic field theory and thus for full consistency one needs to describe everything relativistically, usually one teaches the theory in another order, i.e., starting from the most simple special cases and describes the charged matter non-relativistically, which is also almost always well justified for everyday-life phenomena.
The most simple special case is electrostatics. This are the full Maxwell equations for the case of charged matter strictly at rest and the electromagetic field time independent. Then the magnetic field is strictly 0 and you only have an electric field.
The next case is magnetostatics, which is a bit a misnomer, because it rather means to describe time-independent fields, charge distributions and current distributions, i.e., steady flowing matter is taken into account. Then you have both (and that's why I think "magnetostatics" is a misnomer, but I've no better idea to name it either; maybe simply static fields?). The advantage of this is that in the non-relativistic limit the electric and the magnetic field completely decouple.
Both electrostatics and magnetostatics are still in principle exact special cases of Maxwell's equations (except the non-relativistic approximation of the charged medium, which however usually is a very good approximation in everyday-life situations).
Then there is the socalled quasistationary approximation, which is however a bit more subtle than originally thought. In principle you have two limits of "Galilean electrodynamics" as this is phrased more modernly: it's the electric and the magnetic limit, depending on the situation you want to describe. Roughly speaking it boils down to neglect almost always the displacement current and thus retardation. This makes the theory applicable in regions around the sources small compared to the wavelength of the typical em. field under consideration (speaking in terms of Fourier transformed fields). A special application is AC circuit theory. Here in fact you use both limits of "Galilean electrodynamics". The point where you cannot neglect the displacement current is when it comes to capacitors. For details, see
https://itp.uni-frankfurt.de/~hees/pf-faq/quasi-stationary-edyn.pdf