This is a great pattern for a few reasons:
1) It's CUTE!
2) It knits up fast–about 2 hours
3) It uses 1 skein of relatively inexpensive yarn
I love it so much I've knit three of them so far, but I think this blue one is my favorite.
You'll need: 1 skein Lion Brand Wool Thick & Quick, Size 13 DPNs, Size 8 straight needles
A note about the knitting needles: I only had 4 size 13 DPNs so I used a 16" size 13 circular needle up to the very last row of the cap. I knit the final row on to two DPNs, but if I had to I could've probably used the circular needle to the very end.