Calculation of propagation constants in particulate matter is an important aspect of wave propagation analysis in engineering disciplines such as satellite comnnication, geophysical exploration, radio astronomy and material science. It is important to understand why different propagation constants produced by different theories are not applicable to a particular problem. Homogenization of the random media using effective medium theories yields the effective propagation constants by effacing the particulate, microscopic nature of the medium. The Maxwell-Gamet and Bruggeman effective medium theories are widely used but their limitations are not always well understood. In this thesis, some of the more complex homogenization theories will only be partially derived or heuristically constructed in order to avoid unnecessary mathematical complexity which does not yield additional physical insight. The intent of this thesis is to elucidate the nature of effective medium theories, discuss the theories' approximations and gain a better global understanding of wave propagation equations. The focus will be on the Maxwell-Garnet and Bruggeman theories because they yield simple relationships and therefore serve as anchors in a sea of myriad approximations. / Master of Science