Mhm, that'd be it...it probably has an official name I forgot or something. xD;
Yeah, grinding can become a chore, depending on how much you have to do and how quick it goes. Unless progress is torturously slow, I can keep going for hours though, as I've gotten used to it. One thing you could try is just adjusting encounters to the highest point then continuing through the story, hoping you'll get enough EXP between battles to carry you through. I like levelling schedules, though; makes me more confident about my chances of victory and spreads the levelling around~