What you need:
3 yards of lightweight fabric
Several inches of wide elastic
*Optional several inches of elastic lace
Cut two rectangles for the top and bottom parts of the skirt. The top part should be roughly 54x22 inches and the bottom should be 108x22 inches. (I cheated. I cut the three yards in half widthwise, then one of the pieces lengthwise, to be the top and bottom. Does that make sense?) It doesn't have to be exact. The lovely thing about peasant skirts is that since they are so billowy, there is a lot of room for error.
Take the top piece and sew a french seam in the side. Repeat with the bottom piece.
1. Hem the bottom piece, if needed. (I used fabric with a finished salvage so it did not need to be hemmed- hooray!)
2. Baste three rows around the top of the bottom piece. Pull the threads to create a ruffle. Pull the seams until the bottom piece matches the size of the top piece (see picture of how it should look finished).
3. Repeat three rows of basting for the top of the top piece (where the waistband will go).
Now the top and bottom pieces will be sewn together using a French seam.
(Need help with that? First, pin the wrong sides together. Be careful with the ruffle and sew the seam as close to the edge as possible. Trim the excess, then fold and pin the right sides together. When you sew the seam, pull the ruffled part gently as you go (to prevent unsightly puckering). You can email me if you have questions about this.)
This is what it looks like when you are finishing the French seam. Try to keep your seam very straight because it will show when you are wearing it.
It's time to sew the elastic waistband. Cut it one or two inches smaller than your waist. Overlap the ends by an inch (to create a circle) and sew together using an elastic stitch (or zig-zag).
Pull the basted threads on the top part of the skirt to match the size of the waistband. Pin the skirt to the waistband and sew together using either an elastic stitch or zig-zag. Now you will want to remove the basted stitch or your skirt will not stretch! I just give it a good ol' pull and the old threads break. You can use a seam ripper if you are working with a delicate fabric, or like to be precise.
*If you are also attaching a lining, sew that to the waistband first, or pin together with the top of the skirt. I didn't bother with one since I wear a slip all of the time anyway.
Obviously this is a different skirt. I included a picture to show how you can cover the ugly seam with pretty elastic lace. I did not do this because I didn't have the color I wanted when making the skirt.
It is a lot of fun to wear!
Now go make one!