Processes in Microsoft 365 for setting up Office apps, redeeming product keys, and activating licenses.
As “Ron of Canada” has mentioned Office Outlook is not a part of Office Home and Student 2007, but you can use windows Live Mail in Windows 7 to set up your email account, to do this follow the below steps:
1. Click Start -> Getting Started-> Get Windows Live Essentials.
2. Click On Download-> run and follow steps in the wizard.
3. Once the installation is complete, Click Start -> All Programs-> Windows Live Mail.
4. Set up your email account correctly.
If you want to use Office outlook 2007, check the link below to purchase a standalone version.
http://store.microsoft.com/microsoft/Outlook-2007/product/477C4179
Hope this helps.