Yea they go over all the basic stuff, like Captain said. It starts with the really really basic stuff, like getting used to the clutch and throttle by 'walking' the bike across the lot, then riding across, stopping, then turning, shifting gears, balance at very slow speeds, stuff like that. Also they drill into your head looking up ahead of you and looking sideways into a turn. Then you get into panic stops, lane changes, obstacle avoidance, u turns and figure 8's, running over stuff, weaving through the cones, etc. Probably a few other things too, there was quite a bit of stuff they covered. It's all pretty easy though if you're already comfortable on a bike.... they explain everything very clearly (well mine did anyways) and it's easy to follow along.
I wouldn't mind going back in a few months and taking the experienced rider course, which is basically the same courses but with your own bike.