1. Day 1: Menstruation occurs, Graafian follicle begins to develop
2. Days 5-13: Follicle ripens, releases oestrogen
3. Day 14: Mature egg released from ovary (ovulation)
4. Days 15-21: Empty follicle becomes corpus luteum, produces progesterone
5. Days 21-28: If egg not fertilized, corpus luteum breaks down, progesterone and oestrogen levels drop, endometrium breaks down and is shed (menstruation)