Homogenization is a branch of science where we try to understand microscopic structures via a macroscopic medium. Hence, it has applications in various branches of science and engineering. This study is basically developed from material science in the creation of composite materials though the contemporary applications are much far and wide. It is a process of understanding the microscopic behavior of an in-homogeneous medium via a homogenized medium. Mathematically, it is a kind of asymptotic analysis. We plan to start with an illustrative example of limiting analysis in 1-D for a second order elliptic partial differential equation. We will also see some classical results in the case of periodic composite materials and oscillating boundary domain. The emphasis will be on the computational importance of homogenization in numerics by the introduction of correctors. In the second part of the talk, we will see a study on optimal control problems posed in a domain with highly oscillating boundary. We will consider periodic controls in the oscillating part of the domain with a model problem of Laplacian and try to understand their optimality and asymptotic behavior.