Hello Melisa and everybody!
I'm pattern maker... I mean I studied as a career and i've worked for great companies of the fashion industry!, so I can tell you that it's much more complicated than that.
It's not possible to explain all about grading here in a conversation, but I can tell you the first rule of grading: from one size to the next it always increase 4 cm, wich means that if you have 80 cm of bust (for example), the next size will have 84 cm.
We always work with half patterns. The Front's half and the back's half, and that means that you have to increase 1 cm in that half pattern (1+1 and 1+1= 4 cm)....
I hope it will help you! but if you need some help with this, don't hesitate on ask me
http://svartalader.com/