Normally, for characters other than Plane 1 (which is unicode), shortcuts can be customized and this makes it really convenient to customize your shortcut list for often-used characters, such as 'registered':
But for the Plane 1 characters, the 'Shortcut key' option is grayed out and you can't customize the shortcut.
This means there's no way to enter unicode characters in MS Word other than typing its character code and pressing alt+X as you mentioned. The Microsoft Office help reference doesn't specify any other way either.
I am not quite sure I understand what you wish to achieve. But the general rule is that equations that are positioned as regular 'objects' in the text are shown in small 'inline style', while equations that are put on their own lines are allowed to be shown in their full, expanded, glory. This is not a bug, but a feature, and indeed what you normally want!
Most often, you don't put very complex formulae 'inline', so you might not notice the difference in formatting very often. For instance, it is not visible in the example below.
However, this (nonsensical) example shows the change-of-formatting in action:
Surely it wouldn't look good if the inlined sum was expanded! My point is that the default formatting is almost always what you want.
Still, you can change it to some extent. If the formula is on its own line, then you can choose if you want the sum to have its limits above or to the right. Simply right-click any of the limits and choose "Change limit positions" (or whatever the menu item may be called in the English version of Microsoft Word). However, if the formula is part of a line of regular text, this option is not available, but as I suggested above, there would hardly never be any reason to change the default formatting if you are writing a professional-looking document.
However, there are a few exceptions. For instance, Microsoft Word 2010 has no feature to number equations. In fact, this was easier before the new formula editor was introduced in Microsoft Word 2007. Indeed, using the Equation Editor 3.0 OLE object in Office Word 2003 and earlier versions, you could create a centred tab stop at the middle of the page, and a right-aligned tab stop at the right margin, and then you could manually number your equations. This simple approach is not possible in Word 2007 and later, because if the formula is not alone on the paragraph, it will be shrunk to ‘inline style’. Now, it seems that the only reasonable way to number an equation is to use a 3×1 table with a total width of 100 % of the page, and individual cell widths of 10 %, 80 %, and 10 % (say). The middle cell aligns its text at the centre, and here you put the formula. Since the formula is alone in its paragraph (indeed, in the entire cell), it will be rendered the right way. In the right-most cell, in which text is right-justified, you can manually write the equation number inside parenthesis.
Best Answer
Press the right arrow key on your keyboard, you will then be out of the equation editor and continue with typing your document.