Microwave plasma in the liquid is initiated inside a gas bubble formed at the end of the electrode-antenna, through which microwave energy is introduced into the liquid. A 1D model a set of gas phase kinetic reactions describes the evolution processes of ionization, heat transfer and formation of gas and solid products inside the plasma bubble. The code is based on joint solution of the Boltzmann equation for free electrons of the plasma, a simplified equation for the microwave field, the heat conduction equation, the balance equation for the electron density and the balance equations for the weight fraction for all gas and solid products of n-heptane pyrolysis. The Joule heat released in the plasma is expended on the evaporation of liquid n-heptane into the bubble and the decomposition of the n-heptane molecules. The model includes both the description of gas phase processes and formation of solid carbon-containing particles. The growth mechanism for generation of solid particles describes simultaneous processes of the initial nucleation, surface growth and coagulation of soot particles. The results of calculations are compared with known experimental results.