In this work the improved van der Waals equation of state which has been used for vapour-liquid equilibria of polymer-solvent mixtures by previous workers, is extended to consider liquid-liquid equilibria by calculating and evaluating its third parameter (c) for several solvents and polymers such as benzene, cyclohexane, methylacetate, ethylacetate, propylacetate, acetone, polystyrene, polyisobutylene, polyvinylacetate. Also solvent activity in binary mixtures such as benzene-polyisobutylene, cyclohexane-polyisobutylene, ethylacetate-polyvinylacetate, propylacetate-polystyrene, and acetone-polystyrene at various concentrations is evaluated and compared with the experimental results and that of UNIFAC-FV results. The molar volume and activity calculation indicated that this equation has a higher predictability in phase equilibria calculation compared with methods such as UNIFAC-FV. The results showed that the improved van der Waals equation of state can give both upper and lower critical solution temperatures in liquid-liquid equilibria calculations, and this can be considered as an advantage over similar calculation procedures which can only give upper critical solution temperature. It has become evident, however, that using a suitable temperature functionality for the adjustable parameter, k(ij), can improve the results.