In this paper, an analytical model and its new numerical solution using the homogenization method are developed to determine the effective electromagnetic characteristics of honeycombs. Based on the proposed solution method, the electromagnetic properties are obtained by employing the multi-scale homogenization theory and periodical electric (magnetic) potential boundary conditions. Further, the effect of geometry of honeycomb's unit cell on effective electromagnetic properties is investigated with the use of the proposed method. The numerical results are compared with analytic results using the Smith-Scarpa's semi-empirical formula.