If you should experience any problems getting the program to recognize the mic, Adobe recommends the following: If the device does not allow you to record, then your microphone is not being detected as a valid input device in Premiere Elements. You can use an open source program called ASIO4ALL, which is a device driver that essentially wraps existing WDM devices, like USB microphones, as ASIO-compatible sound devices. Use the following steps to utilize this tool:
Quit Premiere Elements.
Visit the following web page and download the latest available version of ASIO4ALL: http://www.asio4all.com/
Install the software, and restart the system if asked to do so by the installer.
Make certain that your microphone is plugged in.
Launch Premiere Elements. Go to the 'Edit->Preferences..>Audio Hardware' menu option. For the Default Device, choose the ASIO4ALL option. Click the ASIO Settings button, then select your microphone from the list of devices, click Exit, and then click OK on the Preferences dialog. Close and then restart Premiere Elements.