Example methods and apparatus for hierarchical bandwidth management are disclosed. An example method includes, using dual-token bucket meters (two-rate three-color meters) to meter bandwidth usage by individual microflows and associated macroflows (combinations of microflows). The dual-token bucket meters are used to locally and finally mark the packets using a three-color marking approach. In the example method, forwarding and discard decisions for packets processed using such techniques are made based on the final marking.