The \caption
command is restricted to floats: you will need to place the equation in a figure or table environment (or a new kind of floating environment). For example:
\begin{figure}
\[ E = m c^2 \]
\caption{A famous equation}
\end{figure}
The point of floats is that you let LaTeX determine their placement. If you want to equation to appear in a fixed position, don't use a float. The \captionof
command of the caption package can be used to place a caption outside of a floating environment. It is used like this:
\[ E = m c^2 \]
\captionof{figure}{A famous equation}
This will also produce an entry for the \listoffigures
, if your document has one.
To align parts of an equation, take a look at the eqnarray
environment, or some of the environments of the amsmath package: align, gather, multiline,...