Monte Carlo simulation of chemically reacting systems based on the master equation was used to describe the stochastic time evolution of the microemulsion polymerization system. A model was developed to demonstrate its applicability for hexyl methacrylate and styrene microemulsion polymerization. The properties of final latex, such as the particle size and molecular weight distributions were obtained simultaneously. The polymerization behavior and properties of final latexes were well reproduced. The model is valuable in confirming or elucidating the various mechanisms in the polymerization. The entry and desorption mechanism was well established to account for the polymerization kinetics. The general polymerization behavior of hydrophobic monomer in microemulsions was properly simulated by the model proposed. (c) 2005 Elsevier Ltd. All rights reserved.