Maybe python is not in your %PATH%
?
Quoting the python documentation
Besides using the automatically created start menu entry for the Python interpreter, you might want to start Python in the DOS prompt. To make this work, you need to set your %PATH% environment variable to include the directory of your Python distribution, delimited by a semicolon from other entries. An example variable could look like this (assuming the first two entries are Windows’ default):
C:\WINDOWS\system32;C:\WINDOWS;C:\Python27
Typing python on your command prompt will now fire up the Python interpreter. Thus, you can also execute your scripts with command line options, see Command line documentation.