Polymeric surfactants were prepared by ultrasonic copolymerization of carbo
xy methyl cellulose (CMC) and alkyl poly (etheroxy) acrylate. The polymeric
microemulsion was prepared by mixing polymeric surfactants aqueous solutio
n, toluene and alcohol at given ratios. The results of dynamic laser scatte
ring indicated that the microemulsion droplets have almost: same size and c
onformation, and the size of polymeric microemulsion particles, which is mu
ch bigger than that of low molecular weight surfactants, is beyond the limi
t of microemulsion definition. But the systems are still thermodynamically
stable. The results of isotope tracer analysis indicated that more and more
alcohol molecules insert to the interface of oil and water, changes the in
terfacial structure of phases and finally help microemulsion formed. The wh
ole structure of microemulsion is oil core surrounded by water. The formati
on of reverse micelles is shown to be unlikely even in toluene-rich region.