Step 1: Use the trigonometric formula for the tangent of an angle in a right triangle:
\[ \tan \theta = \frac{\text{Height}}{\text{Shadow length}} \]
Step 2: Substituting the values:
\[ \tan \theta = \frac{2}{2} = 1 \]
Step 3: Find the angle whose tangent is 1:
\[ \theta = \tan^{-1}(1) = 45^\circ \]
Step 4: Therefore, the angle of elevation is 60°.