A course (usually academic) where a high/moderate grade is easily obtainable without much effort placed in studying, class attendance, assignments, or care. In it's extremity, a slack course do not require the previously mentioned.
Slack courses are usually used by students who wish to improve their academic averages, earn easy credits, do other assignments/studying whilst in a classroom environment, sleep mid-day, stay at home.
You should take Human Relations 101, it's a slack course where all you have to do is talk members of the opposite sex.
I took a slack course right after lunch so I can get of sleep before Organic Chemistry.
Modern Musicians is the slackest class ever, you write about Lady Gaga and get an A.