Final answer:
The subject matter of 'Landscape with the Fall of Icarus' is a serene landscape where everyday life overshadows the small figure of Icarus's fall, emphasizing the moral that life continues despite individual catastrophes.
Step-by-step explanation:
The painting Landscape with the Fall of Icarus, attributed to the circle of Pieter Brueghel the Elder, is primarily focused on a serene landscape depicting everyday life. However, a small figure of Icarus can be seen in the water's lower right corner, indicating his fall from the sky after flying too close to the sun. The irony in this painting lies in the depiction of this dramatic event as merely a background narrative, overshadowed by the mundane tasks of the other figures, thus emphasizing the moral that life goes on, indifferent to individual tragedies.