Yes.
From the 'parent' (main) folder, select the elements you want to move or copy, then select the appropriate course and location.
Only course teachers are allowed to move copy an element to another course.
Course elements can be moved in a drag and drop manner using the tree structure. Additionally, there is an option to reorganize elements within a folder.
You can find more information on the 'Moving or Copying Course Elements' page in the Course Management folder in the Teacher bucket.