I'd define a suitable notation, avoiding long verbal descriptions. I also added the verbose version, but adding parentheses for clarity.
\documentclass{article}
\usepackage{amsmath}
\begin{document}
Let's denote by $W(n,y)$ the number of women who had their $n$th~birth
in the year~$y$. Then
\begin{equation*}
q^*_1 = \frac{W(2,1971)}{W(1,1970)-W(2,1970)}
\end{equation*}
We can also typeset this with words, but it comes out quite awful
unless we add parentheses
\begin{equation*}
q^*_1 =
\frac{
\text{number of women who had their second birth in 1971}
}{
\Bigl(
\begin{tabular}{c}
number of women who had \\
their first birth in 1970
\end{tabular}
\Bigr)
-
\Bigl(
\begin{tabular}{c}
number of women who had \\
their second birth in 1970
\end{tabular}
\Bigr)
}
\end{equation*}
\end{document}

Using equation* avoids the need for \nonumber.