Photoshop Elements for photos has a tool panel on the left side. Premier Elements for video does not.
Bill is right. Which Elements program are you referring to? There are three of them.
Since there is no tools panel to the left side of the Premiere Elements 12 workspace and there is for Photoshop Elements 12, I will answer your question outright relating to Photoshop Elements 12, not just confirm the presence of a Tool column in the Photoshop Elements 12 Full Editor.
In the Photoshop Elements 12 Full Editor, go to the Window Menu. Is there a check mark next to Tools? If not, put a check mark next to Tools. You should then see the Tools to the left side of the Expert or Quick workspace of the Photoshop Elements 12 Full Editor.
Please let us know if that works for you.
Photoshop Elements (photo editing) questions should be placed in the Adobe Photoshop Elements Forum. For some reason, your thread got posted in the Adobe Premiere Elements Forum.
If I have incorrectly targeted your question, then please supply more details.